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options/Processes
- Dissolution
- Solvent liquidation
- Company Voluntary Arrangement
- Administration
- Administrative Receivership
- Insolvent Liquidation
personal liability
Statement of affairs
- What is one
- Who can be asked for one
- The process
- How to complete - step 1
- How to complete - step 2
- How to complete - step 3
- How to complete - step 4
- How to complete - step 5
- Deficiency Account
- Getting help
Statement or affidavit of concurrence
Downloads
Other questions
About the Statement of Affairs
- Should I be optimistic or pessimistic when preparing the Statement?
- The Administrator has already realised some assets – should I use the amount realised?
- What assumption should be made over whether the business will be sold as a going concern or as a break up?
- How do I calculate the recoverability of assets where the value depends upon the performance of the administrators – e.g. stock, debtors.
- What is a floating charge?
- What is a fixed charge?
- There are likely to be retention of title (or Reservation of title) claims over stock – how should this be treated?
- How do I calculate employee claims?
- What about costs of the Administration/Receivership?
- Can the deadline for submission be extended?
- What is the difference between a Statement of Affairs and an Estimated Outcome Statement?
Directors questionnaires
Creditors meetings
- Administration
- Administratve Receivership
- Company Voluntary Arrangement
- Creditors Voluntary Liquidation
Redundancy of directors
Buying the business back
Other FAQ
- Should I resign from being director at Companies House?
- I have provided a personal guarantee, what normally happens?