Restart Liquidation – A Cheap Solution to Start Again
If your Company is insolvent and you need to place it into Liquidation but you wish to start again by setting up a new company to buy back the assets, then this is possible, providing a fair value is paid and there is no wrongful trading or intent to defraud creditors. This is often referred to as a Restart Liquidation.
It should be noted that there are also some restrictions regarding the use of a same or similar name to that of the insolvent Company and therefore further details should be requested from us in this regard.
Could you benefit from starting again?
The Restart Liquidation package Bridge Newland offers is a solution which enables our fees to be drawn completely from the realisations made from the sale of the assets of the Company and therefore not in addition to the amounts paid to buy back the assets. If there are no assets but there are debtors or bank balances then again these can be used to pay the fees.
Our staff are re-start Liquidation specialists and therefore should you feel that this Start Again Liquidation is right for you, contact us on 0800 612 6197 immediately and we will arrange for an independent valuation of the Company’s assets and a fee quotation or fill out our contact us page on by clicking the button below.