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Details of the definition of a creditor and rights to participate in insolvency proceedings
If you're owed money in a bankruptcy or company liquidation case, use a Proof of Debt form to register as a creditor and make a claim for the money you're owed
What happens if your company cannot pay its debts and is given a court judgment, statutory demand or winding-up order by your creditors
Your limited company can be liquidated (‘wound up’) if it cannot pay its…
You have 14 days to respond to a court judgment. To respond, you must do…
You have 21 days to respond to a statutory demand. To respond, you must do…
Your creditors can apply to the court to close down your company. They do…
Alternatives to bankruptcy and the different types of agreements you can make with your creditors.
Eight companies in the ISG group entered administration on 20 September 2024. This page gives information on how to claim redundancy or register as a creditor.
Creditors' voluntary liquidation (CVL) is when the directors take steps to close down the company.
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