No idea where to start
DH's limited company is having to go insolvent. Lots of meetings with accountant etc have taken place & it's been agreed this is the lesser of 2 evils.
In effect I guess he is being made redundant?
He will lose his car (& therefore independence to a degree), landline & mobile phone.
I think I need to get the landline put into our personal names before the liquidation takes place because we won't be able to get any credit - does that sound right? Also will have to buy a car outright in cash? I think the company pension can be transferred.
DH wants to pay his sub-contractors out of his own pocket, bless him.
So incredibly sad for him
Any advice or hugs welcome please.
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Insolvency - cant stop crying
7 replies
Notfeelingfestivenow · 22/01/2014 21:20
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