In more detail
Once a Notice of Intention to Appoint an administrator has been filed at the Court this will halt existing or pending creditor action. It establishes a moratorium that protects the company and provides breathing space in which to take positive action.
A creditor can only proceed with any actions with leave of the Court or, once an administrator has been appointed, with consent from the administrator.
If your company has received a CCJ you should take advice – we can help. Call our experts today on 0800 254 5494