A study of insolvency statistics for England and Wales 2014, from R3 the insolvency trade body has shown that women are more likely to become insolvent than men. This is most likely due to changes in the insolvency system, which makes it easier...
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HMRC lost their preferential status in insolvency proceedings in 2003. Between then and now they had to sit in line with all other unsecured creditors. The removal of their preferential status has undoubtedly led to other unsecured creditors...
Read more...Insolvency Practitioner required for established Company based in Kent. Role Responsibilities: Business Development, building your own network of referral partners being proactive in moving the company forward. Client facing able to give...
Read more...Lack of clear objectives Successful organisations have clearly focused and communicated objectives that enable everyone in the organisation to pull in the same direction. Poor business planning Business planning should cover aspects such as...
Read more...The short answer is “No”, but the long answer is “Yes, it is possible but care needs to be taken to follow the rules or you may face criminal proceedings and become personally liable for the new company’s liabilities”. S.216 of the...
Read more...HMRC is warning people not to be caught out by bogus emails pretending to offer customers a tax rebate after seeing a surge of almost 50pc in consumers reporting being targeted by these "phishing" scams. Emails sent as part of the scam often begin...
Read more...BANKRUPTCY INDIVIDUAL VOLUNTARY ARRANGEMENT (IVA) Advice Free from Bretts Business Recovery Free from Bretts Business Recovery Bank Account Frozen initially and likely to lose if overdrawn May be retained provided...
Read more...Individual Voluntary Arrangement (“IVA”) An alternative to Bankruptcy is an Individual Voluntary Arrangement (IVA) which is a legally binding agreement between a debtor and his/her creditors whereby the debtor repays all or part of their debt...
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