Do I qualify for pre pack administration

How to check if you qualify for prepack administration

There are strict rules regarding prepack administration and phoenix companies. This is to prevent fraud and malpractice.

As a licensed insolvency firm, Crown Debt will be able to assess whether or not your company and directors meet the criteria required for this type of insolvency remedy.

What is prepack administration?

A prepack insolvency is a process for the handling of an insolvent company's assets. It is put in place before the company goes into a formal insolvency process.

Usually, it is used as an insolvency service alongside either an administration order or a type of liquidation help.

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