This will depend entirely on your circumstances. In most cases, the Directors will not need to pay liquidation costs personally. The costs of the liquidation are usually covered from the realisation of company assets.
Anderson Brookes is a small insolvency practice based in Bolton, Lancashire and our operating costs are very low. We are therefore extremely competitive in terms of our charging structure. Before accepting any instructions, we will always confirm any fees and charges in writing. Please call us on 0800 1804 933 for more information.
See further guidance and CVL frequently asked questions.