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Helpful Insolvency Guides

Welcome to our guides hub. This area is full of free, valuable and insightful information for our clients and partners.

What is a Director’s Personal guarantee

What is a Director’s Personal Guarantee?

As a company director, some lenders, suppliers and landlords may ask you to sign a Personal Guarantee (PG).
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CCJ Enforcement Options Umbrella Insolvency

County Court Judgment (CCJ) Enforcement Options

Have you had a CCJ registered against your Company? If so, how do you protect your company from enforcement of that CCJ?
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Bounce Back Loans

What is the Bounce Back Loan Scheme (BBLS)

The Bounce Back Loans (BBLS) are loans of up to £50k, 100% backed by the government, with no personal guarantees and quick and easy to apply for.
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what is an mvl contractors IR35 umbrella insolvency

What is an MVL?

Depending upon how much cash there is left, using a Members’ Voluntary Liquidation (MVL) could be the most tax-efficient way to close your company and save you thousands of pounds.
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a guide to avoiding insolvency umbrella insolvency

Guide to Avoiding Insolvency

This guide will help you diagnose any financial problems in your company and take action to avoid insolvency before it is too late.
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What is an IVA Umbrella Insolvency Personal debt

What is an IVA?

An Individual Voluntary Arrangements (IVA) is for individuals struggling with debt. An IVA can help you take control of your money and move on with your life.
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What is a CVL Umbrella Insolvency

What is a CVL?

A CVL is a formal process for voluntarily winding up a company when it is insolvent.
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What is a CVA Umbrella Insolvency

What is a CVA?

A Company Voluntary Arrangement (CVA) is an alternative to liquidating your company allowing it to trade out of its financial difficulties over a specified period of time
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What a winding up petition means for your business Umbrella insolvency

What does a Winding Up Petition mean?

Having a winding up petition served against your business doesn’t have to mean the end of the road for your company, but you do need to act quickly.
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What is company administration umbrella insolvency

What is Administration?

Administration is a formal procedure in which an Insolvency Practitioner can be appointed to take control of the company’s affairs whilst a plan to rescue, sell or liquidate the company is prepared.
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Fee guides umbrella insolvency

Fee Guides

The shareholder and creditor fee guides can be found in our Resources hub.
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    Customer Feeback

    • MT
      Before I came to Umbrella.UK Insolvency I was in a bad place mentally due to debt because I believed I would be in my current situation for a long time to come. Umbrella Insolvency walked me through my options and helped me pick the best one. I am genuinely amazed at what they managed to do for me and can now afford to live comfortably, and without the constant worry of debt looming over me.
    • Paul G
      Thank you so much for your help with my IVA. As an ex-company Director my life took a downward spiral when creditors from my liquidated company called upon my personal guarantees. I had been treading water for months, ran up credit card debts and borrowed from family. When a creditor instigated bankruptcy proceedings against me I thought I was going to lose my house. I contacted Umbrella.UK Insolvency who stopped all the phone calls and threatening letters. Umbrella Insolvency explained things in a way I could understand. They negotiated with creditors and my IVA went through, now I can sleep at night again and I kept my home. Thomas Fox was extremely knowledgeable and I truly thank him and his team.
      Paul G
    • Kevin B
      Following a personal recommendation, we appointed Umbrella.UK Insolvency to handle the voluntary liquidation of our business (MVL). Tom and his team were excellent, keeping us well informed throughout and working effectively with the company's accountants to ensure all documentation was produced and filed on time. I have since recommended Umbrella.UK to friends looking for similar services and I have no hesitation in recommending them more widely.
      Kevin B
    • Brendan
      I engaged Umbrella .UK Insolvency to oversee a Members Voluntary Liquidation for the small consultancy business I've been running. The team talked me through the MVL process, steps and requirements. The paperwork involved was well explained and straightforward, with the initial disbursement of funds handled very quickly and professionally under tight deadlines.
    • Maxine R
      I extend my appreciation of your professional efficiency in handling my company business and herewith say thank you.
      Maxine R
    • Alex O
      Umbrella Insolvency guided me as sole Director of my small limited company, and the shareholders, through every step of a Members Voluntary Liquidation in a very efficient manner. The steps required were clearly laid out and proactively managed by their licensed practitioner. From first meeting through to an interim distribution of funds to shareholders took only a few days in our case. Thereafter, Umbrella will be managing all of the downstream actions required to complete the process with HMRC and Companies House, through to the final discharge of the company.
      Alex O
    • Tony D
      I'd just like to thank both you and Tom for your help with the closure of my company. You have been highly efficient and very professional throughout. Thank you.
      Tony D
    • Mr TM
      First of all, I would like to say a BIG Thank You for all of your assistance over the past year. I would not be in the positive state of recovery without Umbrella Insolvency. Your care and assistance at the application stage last summer, along with the advice throughout the year, has been great. I would not hesitate to tell anyone in my negative situation where to turn to.
      Mr TM

    *We don’t charge for an initial consultation, but it may lead to an insolvency solution where our pre-appointment costs are reimbursed as part of the fee structure that creditors approve.

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