All posts in the Uncategorised category

What is overtrading?

Overtrading is when a business takes on work and tries to complete the orders but finds that fulfilment requires greater cash, or further resources than are available. The reasons could be many, and can be unforeseen, rather than just attributing...

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What is wrongful trading?

Wrongful trading is a type of civil wrong found in UK insolvency law, under Section 214 Insolvency Act 1986. It was introduced to enable contributions to be obtained for the benefit of creditors from those responsible for mismanagement of the...

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Boris Becker Bankrupt

The veteran tennis champion Boris Becker has been declared bankrupt following a catalogue of financial problems going back several years. Becker’s remaining assets and property will be disposed of to pay off his creditors following the bankruptcy...

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We are recruiting now

We are looking for a junior insolvency administrator in the North Kent area with 1 to 3 years experience.  If you require more information or would like to send us your CV please contact clarehoadley@brettsbr.co.uk or call 01474...

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August Newsletter

The August issue of the Bretts Business Recovery newsletter is out now. Packed full with the latest business and insolvency news. To see a copy on-line please click here. Alternatively if you would like to receive our newsletter each month by email...

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