Insolvency

Struggling Firms Urged to Stay Vigilant As Bogus Rescue Consultants Shut Down

Struggling Firms Urged to Stay Vigilant As Bogus Rescue Consultants Shut Down

A group of seven companies have been wound up after running a sophisticated racket that aimed to circumvent insolvency laws.…
Collectibles Titan Eaglemoss In Administration

Collectibles Titan Eaglemoss In Administration

Fans of comic book spin-off magazines and collectibles are mourning the news that Eaglemoss Ltd has filed for administration under…
Footballer Slapped With Bankruptcy Order Over Gambling Debts

Footballer Slapped With Bankruptcy Order Over Gambling Debts

A former Premier League footballer who ran up huge gambling debts while struggling to pay his bills has been hit…
Becker Bang to Rights for Bankruptcy Racket

Becker Bang to Rights for Bankruptcy Racket

Former Wimbledon champion Boris Becker has been sentenced to two and a half years in jail for failing to disclose millions of…
Rogue Directors Face Disqualification for Dissolving Companies to Avoid Debts

Rogue Directors Face Disqualification for Dissolving Companies to Avoid Debts

Directors found abusing company closure rules to worm their way out of paying creditors can now be disqualified from holding…
Warning Issued About Insolvency Debt Recovery Scam

Warning Issued About Insolvency Debt Recovery Scam

It’s a sad but well-documented fact that the most unscrupulous individuals will happily try to exploit any crisis for their…
Fears of a ‘Tsunami of Insolvencies’ as Second Lockdown Bites

Fears of a ‘Tsunami of Insolvencies’ as Second Lockdown Bites

You couldn’t accuse the UK government of wishing a second national lockdown. In fact, according to critics, the Johnson-led administration…
Missing IT Case Proves Credit Ratings Can’t Be Taken As Gospel

Missing IT Case Proves Credit Ratings Can’t Be Taken As Gospel

One of the things suppliers are always advised to do before agreeing to provide any client with goods or services…
Why Debenhams Refinancing Fails to Reassure Small Creditors

Why Debenhams Refinancing Fails to Reassure Small Creditors

It can’t be too often that small suppliers find themselves in agreement with notoriously hard-nosed retail tycoon Mike Ashley, owner…
Firms Failing As Statutory Payment Terms Are Ignored

Firms Failing As Statutory Payment Terms Are Ignored

New figures exposing the extent of the UK’s late payment culture have revealed that more than 100,000 companies waited an…
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