Business closure / capital distribution question

[wattsm666]

The IP should be able to reduce the disbursements by getting you to take all the liqud cash as a loan from the company prior to entering liqudiation. You will need to provide an indeminty, but it will reduce the bond costs, which is probably the biggest disbursement.

[unrepentant]

wattsm666 said:

The IP should be able to reduce the disbursements by getting you to take all the liqud cash as a loan from the company prior to entering liqudiation. You will need to provide an indeminty, but it will reduce the bond costs, which is probably the biggest disbursement.

Thanks. But the disbursments are relatively small. I'd rather reduce their fee!

[wattsm666]

You might be able to halve the disbursements as suggested.