Partnership and LLP Insolvency Advice
Not many businesses trade this way now, with many partners preferring to set up a limited company to help protect themselves with the veil of limited liability.
As you will probably now know, as a partner, if the business fails you and the other partners are personally, jointly and severally liable for your businesses debts. That doesn’t mean to say you have to pay them all back.
We have solutions available that can help facilitate business continuity, if this is your wish, at the same time as securing you time to repay said debts or help you get all or a significant amount of them written off.
Call now to find out how we could go about helping you.