Creditor
Gibraltar Financial Services Commission (GFSC) – 100% Asleep at the Regulatory Wheel
Faith in Regulations Insolvency & Law (I&L) recently received confirmation from the Gibraltar Financial Services Commission (GFSC) that Castle Trust and Management Services Limited (CTMS) was formally approved to carry out regulated activities under the Financial Services Act 2019. GFSC have confirmed to Insolvency & Law (I&L) that: “Castle Trust and Management Services Limited (“CTMS”)…
Read MoreProtecting Your Business from Late Payments
Late payments can cause significant distress to small business owners, from disrupting cash flow to hindering future growth. New research reveals a 20% increase in businesses waiting over 80 days for payments, illustrating an escalating issue that can transform a simple financial hiccup into a financial nightmare. The Impact of Late Payments The consistent delay…
Read MoreUrgent Call to Action: Have You Invested in Beech Holdings (Manchester) Ltd?
If you or anyone you know has invested in Beech Holdings (Manchester) Ltd, it’s time to take action immediately and get in touch. The Situation Beech Holdings has enlisted the services of Manchester law firm, Slater Hellis. Notably, these are the same lawyers who handled the conveyancing for DeTrafford in their apartment sales, which ended…
Read MoreConstruction Debt: A Major Issue for the Industry
When it comes to construction debt, debt recovery for specialist contractors isn’t just about recouping losses; it’s about survival. Cash flow is the lifeblood of any business. Whether dealing with a few thousand pounds or several hundred thousand, every penny counts. Yet, navigating construction contracts often leaves contractors short-changed or waiting indefinitely for payment. According to a…
Read MoreCommercial Debt Collection: Challenges and Best Practices
Commercial debt collection is the process through which outstanding debts owed by commercial entities are recovered, typically stemming from goods delivered or services rendered on credit terms. In this blog, we’ll delve into the intricacies; exploring its significance, processes, challenges, and best practices. Understanding the Commercial Debt Collection Process At its core, commercial debt collection…
Read MoreNavigating Off-Plan Property Purchases: Your Guide to Recovery
Purchasing off-plan property can be an enticing prospect, offering a chance to secure a futureproperty at potentially lower prices and reap wonderful returns. However, the journey from promiseto possession is often riddled with uncertainties, leaving buyers grappling with challenges likedelayed constructions, unmet expectations, and the looming threat of losing their deposits.When you invest in an…
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