BusinessDebtAdvisor

What happens if you cannot repay your bounce-back loan? Read our latest blog post to find out more: bit.ly/3M6F6Ls

Is an IVA suitable for self employed individuals? Yes - an IVA can include arrears of tax, business suppliers, personal debts and providing amazing relief from debt pressure. For more information, call our team on 0333 9999 689 ☎️

If you've been made redundant, in addition to statutory redundancy pay, your employer should either: 🟠 Pay you through your notice period 🟠 Pay you instead of notice depending on circumstances Find out more: bit.ly/2ARIB5E

Struggling to get your head around your businesses debt struggles. 😣 Our team have been built around 22 years of experience and will be able to offer you the expert advice you need. Call our friendly team today on 0333 9999 689 📞

Company Voluntary Arrangements "CVA's" help businesses facing significant financial pressure. 😓 If approved, a CVA will prevent creditors from pursuing the company to recover their debt. Find out more here: bit.ly/2JR1f4m

Looking for business debt advice? ☎️ You can call us on 0333 9999 689. 📩 Email us at advice@thebusinessdebtadvisor.co.uk 📩 Alternatively, you can request a callback on our website: bit.ly/2tbmovI

What's the purpose of administration? This could be: Survival of the business as a going concern A better return than liquidation A return to preferential or secured creditors Find out more via the link or call our free advice line on 0800 7810990 👉 bit.ly/2rdLxVx

Is the financial strain & creditor pressure on your business building up? 📈 Administration can help maintain your core business, it's customers and staff. Find out more: ⬇️ bit.ly/2W1oOdJ

Full & Final settlements could include: 🔶 Personal Guarantees to creditors or banks 🔶 Claims by a Liquidator/Administrator for overdrawn loan accounts or excessive dividends We have a great track record in settling these at a discount. Find out more: bit.ly/2P7JW0o

What is Partnership Liquidation? Partnership liquidation is a procedure used to wind up a partnership, as an unregistered company. In many ways it's identical to the company liquidation process, find out more ➡️ bit.ly/31WCs3K

A helping hand. 🤝 The Business Debt Advisor team are here to offer a responsible and friendly approach to business debt. Give them a call now on 0333 9999 689 ☎️

Do you have unanswered questions around Company Voluntary Arrangements, Voluntary or Compulsory liquidation and administration? Head over to our highly comprehensive FAQs page and if you want to talk to an advisor, request a callback: bit.ly/3OmlKmz

What happens after a Liquidator is appointed? Once a Liquidator is formally appointed to the company, they will have various duties including realising any assets, helping employees claim sums due to them and agreeing creditors' claims. Find out more 👉 bit.ly/3QWpKfw

Who can make a PVA proposal? 🔶 The Members of the partnership 🔶 The Trustee of a partnership 🔶 The Administrator, where a Partnership Administration Order is in effect 🔶 The Liquidator, where the partnership is wound up as an unregistered company thebusinessdebtadvisor.co.uk/faq/

Will my creditors stop contacting me? Yes, once your IVA is approved all further contact from creditors should cease. Find out more ➡️ thebusinessdebtadvisor.co.uk/faq/

Creditor action – Where are we up to? Read our latest blog post to find out more: bit.ly/3mXzgB6

“I knew that getting an IVA approved was going to be difficult due to the level of tax arrears” Jessica heads up TBDA team & specialises in providing solutions to help business owners ☎️ Call Jessica on 0333 9999 689. 📩 Email us advice@thebusinessdebtadvisor.co.uk

“The offer was accepted within 3 working days.” Careful consideration must be given to all options available to a financially distressed business. For more advice, call our FREE ADVICE LINE on 0800 781 0990. bit.ly/334WVnD

“The team at TBDA worked hard to secure approval to my revised proposals” Careful consideration must be given to all options available to a financially distressed business. For more advice, call our FREE ADVICE LINE on 0800 781 0990

What happens if the declaration of solvency is incorrect? So long as you have acted reasonably, and based on professional advice, it is unlikely that you could be severely criticised for making a declaration later found out to be wrong. Found out more: bit.ly/2IX1Grn