My Business Is In Administration What Are My Options As Guarantor?

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Question Hello, I owe £35,000 to various suppliers, credit cards, and business loans, all of which I guaranteed for my company. The company has been placed into Administration as while we are still trading, we cannot afford the debts we have. I am thinking bankruptcy may be my only option here. However, I still need […]

What Is a Phoenix Company?

And out of the ashes I will arise, like a Phoenix, born again, anew! For those who may not know what a Phoenix is, it is a mythological bird that is immortal. The bird regenerates itself, and rise out of a fire or ashes to be reborn. Interesting myth. So what is a Phoenix company […]