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Richard Little: A Macro View 2023 ... How Builders Go Bust.

Paul Lanfear Property & Investor Podcast

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How to Avoid Bankruptcy

"We sold off all assets, have our assets, we had got the cash. What's the saying? Cash is king," he says. "I suppose they never made us bankrupt because there was no point and, and, and there were so many people like us." He adds that Lloyd's Bank wiped out their debt within a year of high court judgment. 'They wouldn't tell us when they'd released us from what we call now a floating charge'

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