Recent content by redface62

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    Panic - please help signed up to an insolvency practitioner

    Thanks Mr D she signed the documents for him to become her IP and he asked her to breakdown her debts and he completed his forms. He said that the cost would be 4k and that the money from she could pay him from the money she would get from the showroom contents. However the IP instructed...
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    Panic - please help signed up to an insolvency practitioner

    Hi there I am actually going through the process of Insolvency and due to my own circumstances have instructed an IP as very complicated. However I am actually posting for a friend of mine. She has a difficult situation whereby she cannot get out of her tenancy with her landlord (as its v...
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    CCJ - please help very worried

    Thanks Gavin but surely small business' usually have cash flow issues and I do know that the work can be completed. I understand that knowing to trade whilst insolvent isn't the issue just yet. If the bank take the overdraft off us then yes it would ensure that we become insolvent and I...
  4. R

    CCJ - please help very worried

    Yes the business can pay some bills as balances are due and we will sell approx 50k this month
  5. R

    CCJ - please help very worried

    thank you for your messages - sorry still trying to work out how to individually reply to them! I would assume that the majority of my creditors will subscribe to the services mentioned as they are the 'big boys' so not small business'. So as far as I can see we are scuppered. I had a call...
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    CCJ - please help very worried

    Hello there I'm pretty new to this site, so please bear with me. Myself and husband have a small business (Ltd company) and we have struggled over the last 6 months or so but somehow managed to stay afloat and keep on trading, knowing that when January comes along (Our busiest month of the year)...
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    Dear Spongebob do u have a specific post/information on the steps to follow if you cannot afford...

    Dear Spongebob do u have a specific post/information on the steps to follow if you cannot afford to use insolvency practitioner? Your posts are so relevant but confusing me into how I follow procedures. I am happy to pay for this as I wouldn't expect this for free. We had cash flow issues for 6...
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