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How Personal Debt Can Affect a Limited Company in 2022
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How Personal Debt Can Affect a Limited Company in 2022

Personal Insolvency

How Personal Debt Can Affect a Limited Company in 2022

If you are an owner or director of a limited company and are dealing with personal debt, you may think that your personal debt may impact your company. In most cases, this isn’t true and that’s because a limited company is treated as a separate legal entity. Therefore, any debt you owe is not related [...]

By Viv1|2023-03-24T11:20:01+01:00June 11th, 2022|Personal Insolvency|Comments Off

Can creditors come after my business for personal debts?
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Can creditors come after my business for personal debts?

Business Insolvency, Business Rescue

Can creditors come after my business for personal debts?

If you’re experiencing debt problems on an individual basis, and you have your own business, you may have been threatened by creditors that they can target your business for personal debts. In some circumstances, creditors can make a claim against your business to recover their debt. However, if you have a limited company, it is [...]

By Scott Rawlins|2023-03-24T12:06:27+01:00April 5th, 2021|Business Insolvency, Business Rescue|0 Comments