Insolvency
How to Close a Business with...
It may surprise you to learn that closing a business with debts – whether those debts can be paid in full or not – is possible. If the time has come to close down the company, there are several ro...
UK personal insolvencies hit...
The number of people declared insolvent hit a six-year high in the three months to June as the squeeze from high inflation, meagre wage rises and benefit cuts hit the finances of low-paid workers. Ind...
Former nightclub owner gets...
Mr. Richard Michael Phillips, 64, of Colchester, was subjected to a bankruptcy order after the liquidator of his previous company filed a petition against him in 2013. This order follows a 7-year disq...
Two restaurant bosses banned...
Lately, two restaurant bosses, were disqualified from their roles as company directors after being found guilty of employing illegal workers. The investigation carried out by the Insolvency Service in...