Back to homeWhat happens if the company cannot pay all its debts?Updated by MLAW 3mo agoUnpaid debts are written-off unless the directors are found personally liable for them.Was this answer helpful?NoYesYour opinion matters! Be the first to vote.Related questionsCan directors be personally liable for company debts?Will I receive payment for the debts owed by the company that has been wound up?Are family members liable for the debts incurred by a bankrupt?What happens if a third party wish to pay the debt on my behalf?Need more help?Get in touch
