Debt Management For Limited Companies and Directors

Receivership

This is where the debenture holder or charge holder (usually a bank) appoint a receiver to assess the worth of the company and restructure, possibly selling all or part of the company in order to recoup its investment.

The receiver's aim is to recover the value of the lenders security, and for this purpose the receiver has the power to carry on the companies trade and realise its assets.

The receiver acts invariably as the agent of the company unless or until it goes into liquidation. The receiver will often seek an indemnity from the bank.

Services & Information

• Dealing With Business Debt
• Limited Company Debt Management
• Directorship Debt Advice
• How The Administration Process Works
• Company Voluntary Arrangement
• What is Liquidation?

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