Bad Debt Relief Claim
Inappropriate debt – the company to avoid dilution of creditors – what can we do?
Hello, a band from a company man (A director – co std sec – a shareholder). He has dissolved his company without telling us. He owed us £ 1.2k (£ 1k after reduction of VAT). Asking the court to annul the solution would cost us too much time and effort – plus it can to go away that easy. (I think he has done this trick before – The creation of a small business – make some losses and does not work – to dissolve the company and tell the creditors to PO). Any easy ways to deal with these people? Can we go after the director of direct participation as a person in small claims court of the United Kingdom and the solution was wrong came by staying informed. Many thanks
Theres not much you can do unless you have a history of doing this sort of thing, usually they can offer at 20 pence pound in what most will get 240 pounds. He worked for a company of myself that went bankrupt and had the legal option to give creditors 20 cents per pound. It took me two years to get my dismissal. The director set up another company a year later. If you can use the law in their favor so that the screw, why do not you first screw. I'm sure you have a car and a house, I'm sure he has friends, and that's where I'll leave it. The rest you can imagine yourself.
Missouri and Illinois Bankruptcy Attorney Castle Law Office
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