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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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What is The Individual Insolvency Register?

What is The Individual Insolvency Register?

The Insolvency Service has a relatively unknown, but publically accessible register of individuals who are, or have recently been, subject...

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The Insolvency of High Street Chains & Household Names

The Insolvency of High Street Chains & Household Names

Since the start of the year, we've seen several big retailers start to creak under their financial pressure. Well known...

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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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Personal Insolvency Procedure - What to do if your debts are too big to tackle

Personal Insolvency – What to do if your debts are too big to tackle

Personal insolvency, simply put, is where an individual has accrued debts they are unable to pay. Every time the phone...

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Contractors trading via Ltd Companies

Contractors trading via Ltd Companies

It's not always easy for contractors. Trying to make a living is tough enough, but when an individual provides his personal...

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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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Large Retailers Enter Administration - Toys R Us & Maplin

Large Retailers Enter Administration – Toys R Us & Maplin

Why are so many large businesses and household names failing of late? With Toys R Us and Maplin entering administration,...

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Academies creep towards insolvency

Academies creep towards insolvency

The recently released Academies Benchmark Report has revealed some concerning and stark statistics for these converted schools. Many of which...

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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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