Formal Liquidation Procedures
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  1. #41

    Nervous Newbie


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    Quote Originally Posted by Maslins View Post
    Yes. You'll need a solicitor to witness your signature on the Declaration of Solvency for any MVL.
    I'm looking into this also and I wonder what this means for myself as I have moved overseas (now in NZ). Does this need to be a British solicitor? Or will a solicitor or justice of the peace from NZ be acceptable?

    Thanks
    Mark

  2. #42

    Fingers like lightning


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    The idea behind the Members Voluntary Liquidation potentially affecting your credit rating is quite worrying, I know that some of you are stating that you don't think it will have an impact but doesn't a MVL have to be advertised in the London Gazette, therefore can any of the Credit Ratings Agencies on there not just use that as a means to give you a negative score ? Will it even state in the London Gazette whether its a Voluntary or a Compulsory (bad) liquidation ?

  3. #43

    Contractor Among Contractors


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    Quote Originally Posted by markpnz View Post
    Does this need to be a British solicitor? Or will a solicitor or justice of the peace from NZ be acceptable?
    It can be a solicitor in any country, though Companies House do require the original (ie you'd need to post rather than scan & email it).

    Quote Originally Posted by sbakoola View Post
    The idea behind the Members Voluntary Liquidation potentially affecting your credit rating is quite worrying, I know that some of you are stating that you don't think it will have an impact but doesn't a MVL have to be advertised in the London Gazette, therefore can any of the Credit Ratings Agencies on there not just use that as a means to give you a negative score ? Will it even state in the London Gazette whether its a Voluntary or a Compulsory (bad) liquidation ?
    All the London Gazette information is readily available to the public. Have a look and see what information goes on there.

  4. #44

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    Quote Originally Posted by sbakoola View Post
    So has anyone on here performed a voluntary liquidation on their limited company ? Would you recommend one for me ? Preferably in the London area and one that costs less than 3k. One liquidation company insited that I turn up to a room and swear an oath regarding my ability to pay off my liabilities , is this normal procedure?
    Hi sbakoola, it was long time ago, but did you finally found a solicitor for this in London area?
    Thanks!

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