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Debenture

I am interested to know what this is, and how it can help a company if anyone can let me know i would be grateful it is in relation to a

Debenture for
Form: MG01 - Particulars of a mortgage or charge
PARTICULARS OF A MORTGAGE OR CHARGE / CHARGE NO: 1
The average woman would rather have beauty than brains,
because the average man can see better than he can think.

Many people's view of the world is down to their experience, perception and what they have been conditioned to,this isnt any old MSE reply this is a important and experienced MSE reply :rotfl:

Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    basically a mortgae/secured loan for a company
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • santashelper_2
    santashelper_2 Posts: 1,446 Forumite
    debtinfo wrote: »
    basically a mortgae/secured loan for a company

    would this mean the company has secured their house against their business or does it mean they have been given a loan or money for a mortgage against their company
    The average woman would rather have beauty than brains,
    because the average man can see better than he can think.

    Many people's view of the world is down to their experience, perception and what they have been conditioned to,this isnt any old MSE reply this is a important and experienced MSE reply :rotfl:
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    any and all and everything else, you would need to know the details of the debenture
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
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