Insolvent Trading

Insolvent Trading – A Definition

By law, a director must not allow their company to incur debts it is unable to pay.

If you allow new debt to be incurred knowing the company cannot meet that debt, you can become personally liable – leading to a loss of personal assets and even personal bankruptcy.

Need help in this area? Call The Insolvency Experts

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An Introduction to Insolvency

Introduction

If your business has incurred a debt you’re unable to pay, the pressure and stress can be immense. What are the implications for your company and your personal assets, and where do you find the advice needed to resolve the crisis? The Insolvency Experts can help, offering years of experience and an in-depth understanding of this complex matter.

Find the answers you need from the Insolvency Experts. Call us anytime, on 1300 767 525 or enquire online

Insolvent Trading