Can I liquidate my company if it has taken out a Bounce Back Loan?
Yes, you can liquidate your company if it has an outstanding Bounce Back Loan.
This debt is classed as an unsecured creditor. It is a company debt. The directors are not liable to pay this debt back personally.
The bank will be able to claim the money back under the government guarantee.
Want to talk?
Don’t delay getting the straightforward, confidential advice you need. Simply complete the form and a member of our team will get back to you within 24 hours.
"*" indicates required fields