After a great deal of thought, effort and honest reflection on our business my wife and I have decided to execute the Spongebob Plan. My main concern is whether or not we can bag together so to speak the outstanding Corporation tax and Two separate quarters of VAT payments? Moreover reading through some of the historical threads regarding overdrawn director loan accounts it seems that Spongebob would cover the lot so to speak. I’m the first to admit that the company dragged on longer than it was financially viable to do so but Spongebob would allow us to wipe the individual slates clean; make a fresh start and at the same time move forwards with positive mood. Without being judgemental could anyone please confirm that the overdrawn directors loan can be bagged up with the two other company debts within Spongebob? Furthermore we maxed out on the business bank account overdraft, £17000 and business credit card approx £9000; I assume that not having any personal guarantor attached to either then Spongebob would effectively cover the lot. All I’m looking for is a straight honest bit of clarity without judgement please. We’ve worked hard for lots of years and just simply want to move forward. Very many thanks in anticipation of any advice/clarity and help moving forward.