blog selling-a-business-what-happens-to-its-debt 
Hudson Weir
AUGUST 28, 2023
The Commercial Rent Arrears Recovery (CRAR) measures can let landlords take control of a business’ goods if it is behind on rental payments. In this guide, we’ll explain when commercial landlords can use CRAR and the potential implications for your business if it owes rent. What is CRAR?
Hudson Weir
FEBRUARY 28, 2023
If a business goes into administration, it cannot pay its financial liabilities when due. Those the business owes money to are known as creditors. What Does Company Administration Mean? When a firm enters administration, it becomes insolvent. Then it’s perhaps ‘wound up’ or placed into liquidation.
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Hudson Weir
JUNE 30, 2021
A trade sale is a term used to describe the sale of a business, usually to another company in the same sector. There are lots of formats this sort of transaction might take, such as: Sale of the company shareholding Retail of business assets, including stock or premises Purchasing an insolvent business.
Hudson Weir
APRIL 25, 2022
Just because a company has become insolvent, doesn’t mean your debts are automatically wiped out. Just because a company has become insolvent, doesn’t mean your debts are automatically wiped out. First, though, it’s critical to define exactly what administration is. What is administration?
Credit Corp
JUNE 9, 2021
It’s common knowledge that millionaires handle their money differently than many, but what’s their secret? Does education have anything to do with it? Let’s dig in and find out what they know! Focus on What You Do Best. Focus on What You Do Best. and how to get some of it back!)”
PDC Flow
NOVEMBER 9, 2021
No matter where your organization falls in the business lifecycle, managing the financial health of your company will always be crucial for success. It can happen to anyone. In fact, issues with cash flow are the leading cause of business failure. Launch Stage: Money Management Tips for New Business Owners.
Better Credit Blog
OCTOBER 16, 2020
If Asset Acceptance is on your credit report, it’s probably because you forgot about a bill. It’s important to deal with a collections agency like Asset Acceptance quickly. Fortunately, getting a collection entry off your report and putting a stop to the debt collector’s calls is simple and straightforward. Credit card debt.
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