Dealing with your creditors
Before the insolvency practitioners begin dealing with, and distributing payments to your creditors, they must1 ...
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What is an income payments agreement?
Following a bankruptcy petition, a trustee in bankruptcy must seek to maximise realisations for creditors.1 ...
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How to deal with perishable goods during insolvency
As mentioned above, perishable goods in an insolvency procedure means you must act fast. Appointing1 ...
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What to consider when buying an insolvent company
First and foremost, there are two obvious recommendations we would make to anybody thinking about1 ...
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When is a partnership voluntary arrangement appropriate?
As mentioned earlier, this article will outline the procedure for the arrangement and when it1 ...
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Winding up a co-operative or community benefit society
Before exploring the insolvency implications, it is necessary to set out the differences between co-operatives1 ...
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Everything employers need to know about collective redundancies
Collective redundancies occur when a company initiates consultation to make 20 or more employees redundant1 ...
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IVA or bankruptcy: the best solution for your debts
IVAs were, originally, established as an alternative to bankruptcy. For an individual with assets, an1 ...
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Unable to afford insolvency practitioner fees?
Liquidation refers to the formal process of winding up a company, selling company assets and1 ...
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Distributions in winding up: clearance requests
As a brief reminder, HM Revenue & Customs have set out four conditions under which1 ...
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What happens to my home after a bankruptcy order?
After a bankruptcy order has been made, the trustee in bankruptcy has three years to1 ...
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Understanding the meaning of debentures and the pros and cons
As mentioned above, this article will outline what is a debenture and the interests for1 ...
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