0287 1376 827 0800 0436 999
0287 1376 827 0800 0436 999
At Business Debt Advice we can assess your financial situation, your business and your debts to see if we can help you with one of our insolvency solutions.
If you own a limited company and need help with business debts or need assistance with managing your personal or commercial financial situation, then get in touch to see if we can help.
Click on the Limited Company Debt Solutions links below for more information on what help is available to you.
Administration
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CVA
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Liquidation
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Receivership
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BusinessDebtAdvice.co.uk is part of McCambridge Duffy Insolvency Practitioners established 1932.
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Information on formal and informal debt solutions is available on our website. We do not offer informal solutions, but provide this information so you have a clear and objective overview of the options available. If an Insolvency solution is not suitable or you would prefer to take an informal route, we will recommend an appropriate provider, with your permission.
All of our advice is free and confidential. A fee is only payable where further services are requested. All fees will be explained in detail and discussed prior to commencement of any solution. Repaying debt over a longer period may increase the total amount to be repaid. In the UK, consumer credit activities are covered by the Institute of Chartered Accountants in Scotland, Group Licence number G/900011
When a company gets into financial trouble an administrator may be appointed to help the company through the difficult times and start trading again if possible. 
A Company Voluntary Arrangement (CVA) is an insolvency procedure which allows a financially troubled company to reach a legally binding agreement with its creditors.
Liquidation usually means, the company’s trading stop and its assets are turned into cash or “liquidated”. All other possible liabilities, like employment or renting are stopped.
When a company borrows money from a bank on an overdraft or loan, it will be common for the bank to ask for a security (debenture) against such a loan. 