The directors of a company have option to choose from a number of insolvency options. Some of these options allow directors to carry on trading and other business activities,

while repaying the outstanding debt in a flexible way.

At the same time, some insolvency procedures result in the liquidation of business and winding up of the company. So most directors avail

insolvency services UK to evaluate the pros and cons of each insolvency option according to the company’s financial position.

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