When Directors Abuse Loans and Dividends Before Liquidation
The COVID-19 pandemic has led to unforeseen circumstances for many businesses, where many companies are struggling with cash flow problems. Whilst the Government has brought in measures to assist them with help in the form of Bounce Back Loans and Coronavirus Business Interruption Loans, it is pretty evident that numerous company directors have abused this help by taking the money out of their business in the form of Director Loans, or inappropriate dividends before liquidation.
Here at Town & Country Legal Services, we specialise in the collection of such debts. And if we can help you, then please give us a call on 01883 212121 or email enquiries@tclsllp.com.