Search results for: aggressive creditors

Struggling To Repay Your Trade Creditors?

Even when business is tight and cash flow restricted, it’s vital to keep your general and trade creditors on board. We understand in your line of business that it can be difficult to manage and stay up-to-date with multiple trade...

Bankruptcy: Smart Commercial Move or Last Resort?

Bankruptcy is a word that carries a lot of stigma, but in some situations, it can be the most commercial financial decision. Today, we’re taking a practical look at why bankruptcy might be the best path forward – particularly from...

The Reality Of Personal Guarantees: Safeguard Yourself and Your Future.

Are you a business owner or a company director feeling the weight of personal guarantee exposure? Personal guarantees can be powerful tools, but they also come with serious risks, especially if creditors come calling. At Bell & Company, we specialise...

Business Liquidation and Personal Exposure Case Study

We recently encountered a case highlighting the importance of managing business liquidation to mitigate personal exposure.

Company Liquidation Controlled & Directors Protected

The Key Issue Our client, the director of an engineering company, sought our assistance when his business had ceased trading. With the company in an insolvent position, it was crucial to address the complex financial situation to prevent a domino...

Break the Cycle: Insolvency Insomnia

Every year, we cover this topic because it remains one of the biggest – and most silent – struggles for business owners. Sleepless nights, cold sweats, and the relentless mental spirals surrounding business debt, personal guarantee exposure, and financial collapse....

The Misconceptions of a ‘Friendly Liquidator’

In the complex world of company liquidation, the term ‘Friendly Liquidator’ often appears, suggesting a smooth and director-friendly liquidation process. But what exactly is a ‘Friendly Liquidator’, and how does this concept align with the realities of liquidation? This article...

Dealing With HMRC Arrears

HMRC are often neglected when a business is struggling financially. However, they are actually one of the most aggressive and difficult creditors to deal with. Find out what HMRC arrears mean for your business and, how to deal with them...

Have You Personally Guaranteed Investors’ Money?

As a business director, you understand the risks associated with accepting investors’ money, as well as the impact that contractual repayments can have on your business. This risk is further increased when personal guarantees are involved. Other complex factors can...

Property Development Personal Guarantees Settled

The key issue Our clients were property developers who were forced by their lenders to sell the principal property that was held as security. They left a shortfall of around £800,000, and the lender then called on the personal guarantees...