A Winding Up Petition is a mighty weapon but one that has to used with caution. A winding up petition is normally used as a debt collection tool, even though that use is frowned upon in court, as a Winding up Petition is designed to petition other companies to join in closing a company down.
If you happen to receive a Winding up Petition then you need to act fast, if you are able to then you need to pay the petition as soon as possible, which could mean that it wouldn’t be advertised.
You definitely do not want your petition to be advertised. Not only will you be called, emailed and leafleted by heaps of Insolvency Professionals – there’s also a big chance that your bank manager will spot your Winding up Petition and will put a freeze on your business bank accounts.
If businesses was bad before, then it will be now. You will now need to gain more time in order to get your finances in order and come up with a resolution and that’s where TaxGone can help.
Not only will we help you gain an Adjournment of your Winding up Petition, but we’ll take a look at your financial situation and suggest the best way forward for your company.
We are company rescue and offer free corporate advice. So give TaxGone a call today on: 01302 815846.
TaxGone - Company Voluntary Arrangement - CVA Specialists
from TaxGone http://ift.tt/1OubI1K
via IFTTT
No comments:
Post a Comment