Annulment of Bankruptcy
As a company director you may be personally liable for the company’s debts if the company enters into insolvency.
If you have given a personal guarantee to the company’s bankers for the company’s debts and the company cannot repay those debts your guarantee may be called upon. Unfortunately, this can lead to personal bankruptcy.
If a Bankruptcy Order has been made against you, then it may be possible to apply to the Court to annul that Order.
We provide timely, concise and easy to understand advice to individuals who wish to consider making a court application for the bankruptcy order to be annulled.