We did have the house rented out, but realised we needed to sell to release the equity - our tenents were going to buy at first - they dragged it out then changed their minds & left. We would have been able to clear more than half the debt at this point. The Estate Agent advised it would be easier t...

Yes we have personally guaranteed all obligations to the Landlord, which are rent/service charge & all drink purchases. They would not be bothered about change of ownership they are only concerned with getting paid & i don't think they have ever recognised that we are a limited company - they just i...

Thanks Viki, I hadn't even thought about the affect on my lioense. Think it wont be a problem as there are 2 of us.

Thanks again
Jack

Hello I am going to need to do an IVA or BR, however I am Director of a limited Compnay (assets approx 18k few liabilities). To complicate matters further the Limited Company is a Pub which is our home. It is a tennancy. It breaks even on a weekly basis now, (and the business is slowly growing), but...