FAQS

FREQUENTLY ASKED QUESTIONS

Can I save my business with Administration?

What happens to creditors, employees, VAT, ROT, Bank, secured, landlords during a company administration?

Will Administration help when I am under pressure from my bank, creditors or HMRC?

What is a Notice of Intention to Appoint or NOIA?

What do I do if I have been served with a statutory demand?

Does Administration stop distraint?

What is a debenture?

What do I do about an overdrawn loan account in an Administration?

What is the Administration process?

Do I need to go to court to get an Administration order?

Is an Administrator the same as a Licensed Insolvency Practitioner?

Can I buy the business back with a pre-pack Administration?

What are secured and unsecured creditors in an Administration

Does Administration stop a CCJ?

Will I be struck off or banned as a director if my company goes into Administration?

What is a viability statement on a pre-pack Administration?

Do I need to worry about SIP16 in an Administration?

I can’t pay the wages will Administration help?

David Kirk did exactly what he said he would. I’d be lost without Administration. Without David, we would have gone bankrupt by now. Really good

Sophie M