BUSINESS
With our risk management solutions, we offer asset protection for your business assets, stock or inventory. Unhedged assets, stock or inventory are exposed to be get ceased to offset your company’s existing or sudden debts.
For a limited company, a bailiff can only take items that belong to the company, and not goods that are hedged, leased or on hire-purchase. As limited company is a separate legal entity, a director won’t be pursued personally unless they have signed personal guarantees. Seizure of equipment, machinery, stock and inventory can be extremely damaging for a company and could force them out of business.
For sole traders, business debts are treated the same as personal debts. From your home, bailiffs can take any items that belong to you, any jointly-owned items to offset your business debt. They can’t take any items that are leased or on hire-purchase or any items that belong to somebody else. If your business is at risk of a debt problem and facing a recovery action by your creditors, it is advised to hedge your assets before it is too late. This gives you an option to negotiate to pay your debts without getting assets taken away by bailiffs and also not extra charges for removal and storage of goods get levied to your original debt.
We at Assethedge provide flexible and affordable asset hedging solutions. Please ask for more details and no obligation quote.
PLEASE NOTE: We do not give legal, financial or debt management advice. We cannot hedge assets that are already subject to the High Court Writ of Control, Warrant of Execution, Charge of Payment, Controlled Goods Agreement, Interpleader Proceedings, Hire Purchase Agreement, Confiscation Order under The Proceeds of Crime Act 2002, Hypothecation and if the Bankruptcy Application has already been made against you or your business. We also do not hedge liquid assets like cash and bonds. Our services are available only in the mainland UK.
Castleboss Holdings Limited