We Can Help Guide Your Business Partnership Through Its Debt Problems
Unless your partnership is registered at Companies House as a limited liability partnership, the partners are all jointly and severally liable for the business debts.
If the business assets are not enough to pay off the business liabilities then each individual partner can be pursued for unpaid liabilities of the partnership.
If you are running a partnership we can help you look at the business options open to you. If your aim is to keep the business going we will do our utmost to help you achieve that.