What happens to company debts, if i place the business in liquidation

When you set up a company, you have limited liabilities
The debts essentially go with the company, and in this video we explain the process and things to look out for.

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[Falconer]

Thank you going to speak to a liquidator Monday horrible place to be thanks for the vid

[MISTA-MO-]

mate keep up the videos your helping me alot

[jsano]

Bubbles givin out expert finance advice😄

[gaganhoneykhaneja]

Pls tell me what if you on another business do they come after that

[sammathew]

What if there's no assets and also the company owes the director money as well? How are the costs of insolvency fees paid off.

[SRNN]

What if the newly started Pvt Ltd Business that failed in Covid just in 8 months and there be no profit and no loss situation also which had no assets. But Vat debt.

And director is bankrupt after it.

Will the Vat debt also get died after liquidation or dissolution of the company??

What could be the better way if cant pay huge amount of VAT?