Information Centre Here you will find our answers to the most Frequently Asked Questions Insolvency What is insolvency? Is my company insolvent? – Take the test Received a Statutory Demand? What is insolvent trading? – a guide Issues For Directors Issues for directors – Full Guide Liability timeframes Company Credit Cards Director Penalty Notice Fair Entitlements Guarantees Director’s duties when facing insolvency Director Disputes Guide Personal Guarantees Company Tax Debts Director Disqualification Trading while Insolvent Loans and Drawings Phoenix Companies Safe Harbour Protection Debt Recovery Guide Company Liquidation Company Liquidation – Full Guide Liquidation Process Liquidation Timeframe Alternatives to Liquidation How are different parties affected by liquidation? Liquidator Investigations Cost of Liquidation Pros and Cons of Liquidation Creditor Priorities and Types Court Liquidation Creditor’s Voluntary Liquidation (CVL) – Insolvent Companies Creditor’s Voluntary Liquidation (CVL) – Insolvent Companies Are creditors told about CVL appointment? What is a CVL? Why choose CVL? The CVL Process Cost of CVL Member’s Voluntary Liquidation (MVL) – Solvent Companies Member’s Voluntary Liquidation – Full Guide MVL vs. Company Deregistration What is a MVL? Tax Benefits of MVL The MVL Process Cost of MVL Voluntary Administration Voluntary Administration – Full Guide The Voluntary Administration Process What are the alternatives to VA? How can voluntary administration help? How are creditors affected by VA? What is a DOCA? How often are voluntary administrations successful? What does the administrator do? What effect does a VA have on a director?