Insolvency

1. What is insolvency?
2. How can I reduce the risks of insolvency?
3. How can I protect myself, family and friends who invest in my business?
4. What should I do if my business seems likely to become insolvent?
5. How can I pay for help when I am already in financial trouble?
6. Can I take money or assets out of my business before it becomes insolvent?
7. What is a 'preference'?
8. Who can start insolvency proceedings?
9. What are the options for an insolvent company?
10. What are the options if I am personally insolvent?
11. What are the options for an insolvent partnership?
12. What different types of creditor are there and how are they paid off?
13. How likely are my creditors to accept some form of voluntary arrangement?
14. If my business fails, will I get any money back?
15. What are my liabilities as a director of an insolvent company?
16. What are my responsibilities as a director of a company in administration or liquidation?
17. What are the consequences of being a director of a company which has been put into administration or liquidated?
18. What happens if I am made personally bankrupt?