Hi, my first post as a newbie. Found this great place as a result of company problems and having read the Spongebob Plan can now see some light at the end of a dark tunnel. I have a question that may appear stupid but it's one of many things I need to have clear in ,my head if I go down Spongebob Road. Me and another director have a small limited company providing an online service to a number of client organisations. To be able to access the services, clients have paid (mostly) small sums of money into their "account" with us and can then call off access to the services we provide at which time their account is reduced by the cost of the service accessed. Our problem has been that the number of "active" clients has dwindled over the last couple of years to a point where no fresh funds have been coming in and monies we have had on deposit have been used to pay server bills and to meet the costs of servicing those clients that still call off services. I should be clear that none of this deposited money has been used for salaries or wages, neither of the two directors have benefited personally from a single penny. We are at the point now where we are having to personally fund the cost of the servers, cover accountants bills etc and its a giant millstone around our necks. However Spongebob's plan seems like it could be a way out. A number of clients that we had deposited sums of money with us as long as 6 or 7 years ago, and quite a number of them have not made any contact with us in at least 4 to 5 years. I would hazard a guess that individuals we dealt with have either moved on or just plain forgotten about us. If we cease trading and have to write to our creditors as per step 2 of the plan, would we need to include those that have been dormant for so long? I'm guessing the answer is yes but it seems as though we would be having to point out something that they are not even aware of any longer and potentially creating more grief for ourselves. Any good advice would be very welcome!