Find more answers: 👀 Can a director be personally liable for a company debt?
Dealing with your debts | Business status | Ltd. Companies
Aug 1, 2019
Usually, if you are a director (or acting as a director), you are not personally liable for paying the company's debts. This means that if the limited company does not pay its debts and a creditor takes court action, only the company assets are at risk. However, you can be made personally liable for the following.
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