Charges against company but purchased individual name

Discussion in 'Accounts & Finance' started by Guys, Jun 14, 2019 at 8:06 PM.

  1. Guys

    Guys UKBF Newcomer Free Member

    20 0
    If there’s charges against the company as security guarantees but property purchased in my name how would this be effecting company insolvency? if due to normal business activity I decide to close the company and register with new one ?
    Who’s best to advise ? Solicitor or an accountant ?
    I’ve asked a solicitor once and he said pay the bank to close the company but I’m sure there’s alternative
    Any one ???
    Posted: Jun 14, 2019 at 8:06 PM By: Guys Member since: Jul 27, 2018

    MY OFFICE IN CHINA UKBF Big Shot Full Member

    4,041 812
    Solicitor & Accountant . . . . . .& An Insolvency Practitioner.
    Posted: Jun 15, 2019 at 12:49 PM By: MY OFFICE IN CHINA Member since: Nov 16, 2011
  3. Mr D

    Mr D UKBF Legend Free Member

    14,176 1,553
    Does the business with a charge on your company know the business does not own the asset?
    Posted: Jun 15, 2019 at 3:44 PM By: Mr D Member since: Feb 12, 2017