Liquidation vs Administration – What Should You Consider for Your Business in the United Kingdom?

Company insolvency is not an easy situation to deal with; what’s also a difficult decision is deciding which route to take to resolve the situation. Is it better to liquidate the company and use its assets to pay back creditors? Alternatively, if the company is worth saving, is administration a better option to give your insolvency service time to source a buyer for the business?



Making a choice between liquidation vs administration is always a decision that should be discussed with your insolvency practitioner who will be able to give you an unbiased opinion. But understanding the two options and what they involve will help you.

Location: United Kingdom

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