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Lloyds TSB Loans & Overdraft can they be enforced

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  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 28 May 2011 at 7:39PM
    I know of no insurance that would cover a company or an individual linked to it for getting into financial difficulty.
    Personal insurance for loss of employment or illness yes - but not for a limited company.

    They were your bank but I get the impression that you wanted them to tell you how to run your company - that is not their job - what did your accountant do throughout this time?

    I really do not see how you can say that if the bank had replied to you you would still be in business today - did it never occur to you to get a new bank?

    As with all businesses you stopped trading because your outgoings exceeded your in-comings.
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