VOSCAP NEWS
Who is Liable for Product Guarantees and Warranties if a Company is Liquidated?
When a company enters liquidation, customers may face challenges in claiming support for product guarantees and warranties. This article explores the implications for consumers, outlining potential avenues for recourse, including statutory rights under the Consumer Rights Act 2015, third-party insurance claims, and credit card protections. It also offers strategies for business owners to mitigate risks associated with unfulfilled guarantees during financial distress.
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Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.