im new here! i run a small ltd company! i am going to go br as soon asap! prob! i owe the tax and vat man money ! vat £4000 tax £2000 !
i owe tsb for a loan i gave personal guarantee for and cr***ping myself
i owe about £90000 personally to creditors hence the reason for going br, i have had to use money from my business bank account to pay my mortgage and other stuff, but i am worried about getting done for not trading properly.
i don’t suppose its the largest amount in the world to owe the vat man but love to hear of anyone that has had similar experiences or just give me some advice
I have no equity in my house and also have a secured loan on it so I believe I should not loose it if I go br
Im sorry im not able to answer most of your query (useful i know ), however with reards to the house...If you are in negative equity then the beneficial interest can be bought back off the Official Receiver for around £212.
Good luck and there will be someone experienced enough to help you soon
Jenny xx
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))