Insolvency Guides for Company Directors
Plain-English guides covering company insolvency, creditor pressure, directors' duties, debt problems, and closure options in England and Wales.
37 guides shown across all categories.
Bailiff action against a company
What bailiff action can mean for an insolvent company and what directors should do next.
Can a company recover from insolvency?
When recovery is possible and when closure is more realistic.
Can directors be personally liable for company debts?
When directors may become personally liable in insolvency situations.
Can directors continue trading while insolvent?
Whether a company can continue trading when insolvency is likely.
Can HMRC close my company?
Can I strike off an insolvent company?
Can you buy a house after insolvency?
What insolvency means for future borrowing and buying a house.
Closing an insolvent company
A practical guide to closing an insolvent company in England and Wales.
Creditors' Voluntary Liquidation (CVL) Explained
How a CVL works, when it's the right option, and what directors should expect from the process.
Dealing with HMRC Debt
Options available to company directors who owe money to HMRC, including Time to Pay, restructuring, and formal insolvency routes.
Directors' Duties When Facing Insolvency
Your legal obligations as a director once your company is insolvent or approaching insolvency.
Directors' Redundancy Claims
A guide for directors on how to claim redundancy when their company enters insolvency.
Do directors have to pay company debts?
Does insolvency write off debt?
Which company debts may end with insolvency and what may still continue afterwards.
How do you close an insolvent company?
The main steps in closing an insolvent company properly.
How long does insolvency stay on your record?
How long insolvency remains on records and what that means afterwards.
How much debt is needed for insolvency?
Whether there is a minimum debt level for insolvency in England and Wales.
Strike off vs liquidation
The difference between strike off and liquidation for distressed companies.
What are preferential payments before liquidation?
How preferential payments can create risk for directors before liquidation.
What are the signs of insolvency?
A guide to the warning signs that a UK company may be insolvent.
What debts cannot be written off?
Which debts may survive insolvency and which do not.
What happens if a company cannot pay HMRC?
What directors should know about HMRC arrears, enforcement, and insolvency risk.
What happens if a company cannot pay its debts?
What directors should expect when a company cannot pay its debts in England and Wales.
What happens if a company gets a CCJ?
A guide to company CCJs and what they may lead to.
What happens if I ignore a winding-up petition?
What is a Company Voluntary Arrangement (CVA)?
A guide to CVAs for companies seeking to restructure debt in England and Wales.
What is a Creditors Voluntary Liquidation (CVL)?
How a CVL works for insolvent companies in England and Wales.
What is a statutory demand?
What a statutory demand means and what directors should do next.
What is a winding-up petition?
What a winding-up petition means for a UK company and its directors.
What is company administration?
How administration works and when it may protect a business in England and Wales.
What is compulsory liquidation?
A guide to court-driven liquidation following creditor action.
What Is Insolvency?
An introduction to insolvency  what it means, when it applies, and the key tests used in the UK.
What is the balance sheet test for insolvency?
How the balance sheet test works for UK companies.
What is the cashflow test for insolvency?
How the cashflow test works and what it means for directors.
What is wrongful trading?
A guide to wrongful trading under UK insolvency law.
When is a company insolvent?
When a company becomes legally insolvent under UK law.
Who gets paid first in insolvency?
The general order of priority for creditor payments in insolvency.
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