Find out how to get advice about business debt and guidance from the Accountant in Bankruptcy.
This is an alternative to liquidation. You reschedule payment to creditors over a fixed period using a Company Voluntary Arrangement to recover from insolvency.
Accountant in Bankruptcy (AiB) contact details. Find information on the bankruptcy process in Scotland.
Recover money owed to your business – includes court claims, statutory demands, mediation and bankruptcy.
Interest and debt recovery costs you can charge if another business is late paying for goods or services.
Liquidating a limited company guidance, including members' voluntary liquidation and creditors' voluntary liquidation.
How to take legal action if someone owes you money, how much it will cost and what happens after you make a claim through the courts.
Object to a company's application to be removed from the companies register.
Defend your company against a statutory demand or a winding up petition - disputing the debt, getting an injunction and challenging the petition in court.
If you're owed money in a bankruptcy case, contact the Accountant in Bankruptcy or insolvency practitioner to register as a creditor and make a claim for the money you're owed.
Find out whether a money lender is legally licensed and, if not, how you can report them anonymously.
What happens if someone makes a money claim against you, saying you owe them money, and how you can respond or defend yourself.
Check if someone is disqualified from being a company director, or search the list of directors banned in the last 3 months.
What happens after a sheriff court issues a decree.
Your rights when sheriff officers visit your home or business – includes proof of identity, forcing entry and complaints.
You can apply to the court to ‘wind up’ a company if it can’t pay its debts of more than £750. If successful, the company will be put into liquidation.