Directors who mislead creditors become personally liable

Business Insolvency Rates

The latest Insolvency Index from Experian, the global information services company, has revealed that the rate of insolvencies dropped to 0.08% in August, its lowest point since February. While these

jjb sports logo
debt advice

Company Voluntary Arrangement agreed for JJB

For the second time creditors have voted in favour of a company voluntary arrangement, CVA, for sports retailer JJB. A company voluntary arrangement is a legally binding agreement between a

bankruptcy text
debt advice

Business Bankruptcy For Connect Services Group

Connect Services Group has ceased trading and is to be placed into administration. The mortgage website mortgage strategy has just released this article confirming that Connect Mortgage Group has gone

Business Bankruptcy Figures Fall Again

The number of corporate insolvencies has dropped significantly in the third quarter. The number of company liquidations dropped by 13.9 per cent from the year before to 3,974, while administrations

OFT Get Tough With Debt Management Companies

The Office of Fair Trading (OFT) will revoke the client credit licences of 129 financial debt administration companies if they don’t take speedy compliance motion. The warning to comply with

HMRC Gets Tough With Time To Pay & Tax Arrears

Archial called in administrators PricewaterhouseCoopers (PwC) after the taxman refused to agree to a proposal to pay its debts in monthly instalments rather than one lump sump. Evidence if evidence

Business Bankruptcy Figures Down 13%

There has been a year-on-year decline in business insolvencies during June, according to the latest Insolvency Index from Experian. The overall financial strength score of UK businesses also improved, from