Debt Recovery

Winding up

Winding Up a company is only available if the debt owed to you is over £750.

In order to begin winding up proceedings against a company more than 21 days must have elapsed since the letter of demand was sent.

Winding Up a company should not be considered where there could be ANY possibility of a dispute. If there is a dispute, it is advisable to obtain a Judgment first (see our section on Enforcements and Judgements).

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