AnswersTopic
When a client goes under
Administration, liquidation, strike-off and dissolution, and where your invoice stands.
17 answers
- A company that owes me money has gone into liquidation. What happens to my invoice?Usually little.
- How do I claim money from a company in liquidation?Write to the liquidator.
- A company that owes me money is in administration. What now?Register the debt.
- A company that owes me money has been dissolved. Can I still get paid?Usually not.
- How do I object to a company being struck off when it owes me money?Online, with your invoice.
- Who gets paid first when a company can't pay its debts?Suppliers come near last.
- The director has started a new company. Can I chase that one?Usually not.
- The company says it's closing down. What should I do right now?Today.
- What is a CVA, and what does it mean for me as a supplier?Vote.
- Can I get my goods back from a company that has gone bust?Sometimes.
- My client is a sole trader who has gone bankrupt. What do I do?Stop chasing.
- Can I report the director to anyone?Yes.
- How long does a liquidation take, and when would I get paid?Usually about two years.
- The business was sold to someone else. Does the new owner owe me?Usually not.
- The liquidator wants me to repay money the company paid me. Can they do that?Only through the court.
- How do I find out who the liquidator or administrator is?Two free searches.
- What is a creditors' meeting or "decision procedure", and should I take part?Usually yes.
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