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Monthly Archives: August 2014




29 Aug
2014


Posted in
General news

Too Poor To Go Bankrupt?

Rather than waiting for a creditor to enforce bankruptcy against them, an individual who is in debt and owes more than they own, can apply for a Bankruptcy Order to be made against them by filing their own bankruptcy petition in Court. However, the fee to do so is currently £705.  People on low incomes […]

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21 Aug
2014


Posted in
General news

Insolvency Statistics – Second Quarter 2014

For over a year now I have been saying that we are coming out of recession. I have read many articles about how coming out of the recession knocks over the “zombie companies” (personally, I don’t like that term, it’s not a fair description). Maybe coming out of the recession in the early 1990’s did […]

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15 Aug
2014


Posted in
General news

The Rise and Fall of Corporate and Personal Insolvencies

As a practice based in the South West of England, insolvency is split into two parts for us. One part revoles around corporate work or helping companies in trouble. The other, is personal work, which involves individuals either in business or have run up debts as a consumer. The recent ‘Insolvency Service statistics’ for the […]

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