Bob Maxwell and Julian Pitts of Begbies Traynorhave been appointed as Joint Administrators over Hamsard 3225 Limited, trading as ‘CLC Finance’.
The Joint Administrators act as agents of the Company and without personal liability.
An Administration is an insolvency process used by companies that are unable to pay their debts as they fall due. An automatic moratorium has been placed over the Company as a result of our appointment. This means that no creditor can take legal action against the Company (to include taking action against its assets) except with leave of the court or the permission of the Administrators.
An Administrator’s role is to realise the assets of the Company and distribute them for the benefit of creditors. The Joint Administrators will provide regular updates to creditors.
The Company provided lending services to the UK consumer market.
