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Find out what help you can get to help you manage your debts.

Website of Luton Borough Council

• Updated: 26 June 2025

What happens if your company cannot pay its debts and is given a court judgment, statutory demand or winding-up order by your creditors

• If your company cannot pay its debts

  Your limited company can be liquidated (‘wound up’) if it cannot pay its…

• Responding to a court judgment

  You have 14 days to respond to a court judgment. To respond, you must do…

• Responding to a statutory demand

  You have 21 days to respond to a statutory demand. To respond, you must do…

• Getting a winding-up order

  Your creditors can apply to the court to close down your company. They do…

Find out how to account for VAT and who to contact if you're an insolvency practitioner and you're appointed over insolvent VAT-registered businesses.

• Updated: 23 October 2025

Debts you owe (for example court fines, rent or Council Tax) can be deducted from your benefits – sometimes called third party deductions or Fuel Direct

How to issue a winding up petition - forms and fees to wind up a company to recover any money you're owed.

Buxton Probation Office, is a probation contact centre, within the East Midlands region.

• Updated: 20 January 2021

This page provides links to guidance produced by, or relating to, the Insolvency Service

• Updated: 21 December 2021

How to make a negligible value claim for unquoted shares, and how to check if shares previously quoted on the London Stock Exchange now have negligible value.

• Updated: 27 January 2026

If your employer is 'insolvent' this means it cannot pay its debts - your rights if this happens, claiming money owed to you, where to get advice