Category: Insolvency advice

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Good Debt vs Bad Debt - What's The Difference?

Good Debt vs Bad Debt – What’s The Difference?

Debt isn't automatically bad debt, but nor is it always good. It all depends on your approach to finance and...

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Care home insolvency

Exponential Increase in Care Home Insolvencies

With each generation living for longer than the last, the proportion of the population who need special care as senior...

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Solvent Compulsory Liquidation - Forcing Business Closure in the Public Interest

Solvent Compulsory Liquidation – Public Interest Business Closure

Compulsory liquidation is a tool of last resort often used by creditors against a company that is either insolvent and...

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Personal Debt and Personal Crises

Personal Debt and Personal Crises

The financial crisis has hit many people in the pocket. With incomes being squeezed, day to day costs rising faster...

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IVA vs DMP – What’s the difference?

When looking for debt advice, it's common to see debt management plans advertised prominently from a variety of companies. It...

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What is a Limited Liability Partnership?

What is a Limited Liability Partnership?

The measure of an insolvent LLP is roughly the same as a Limited company. If the business liabilities exceed the...

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People in 'Persistent Credit Card Debt' to be helped by new regime

Credit Card Debtors Thrown a Lifeline

While a useful tool in the short term, the interest rates typically charged on credit cards make them very expensive...

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When a sole trader's dream of self reliance turns into a nightmare

When a sole trader’s dream of self reliance turns into a nightmare

The primary risk for a sole trader is that the trader as an individual is legally indistinguishable from the trader's...

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Trade Credit Insurance - Could it protect you from insolvency?

Trade Credit Insurance – Could it protect you from insolvency?

In recent months, we've seen new variants of Trade credit insurance hitting the market. But what is it and is...

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Personal Insolvencies are on the increase

Personal Insolvencies are on the increase

While we have yet to reach the level of personal insolvencies last seen in 2010, the numbers of people who...

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supply chain weak link

Don’t fall prey to insolvency within your supply chain

Supply chain insolvency Few businesses are entirely self reliant. Whether you make something, or provide a service, you’ll no doubt...

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Individual voluntary arrangement

Individual Voluntary Arrangements Vs. Debt Management Plans

For one reason or another, we can find ourselves in difficult financial situations. With debts mounting up, interest accruing and...

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