Recovery

In today’s volatile commercial landscape, unpaid debts can severely undermine cash flow, disrupt operations, and threaten the survival of a business. For creditors facing non-performing debts, particularly those involving insolvent, evasive, or asset-dissipating debtors, debt assignment provides a powerful and often underused legal remedy. It allows for the structured transfer of debt ownership, enabling specialist…

The presentation of a Winding-Up Petition can have devastating consequences for your company. If not addressed swiftly and appropriately, it can tarnish your business’s reputation and, in the worst-case scenario, lead to its demise. Faced with a statutory demand for debt, your company must act fast to prevent the presentation of such a petition. At…

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…

In the ever-changing economic landscape of the United Kingdom, businesses are facing insolvencies, and the daunting task of navigating rising inflation and interest rates. While smaller companies have been at the forefront of these challenges in recent times, larger corporations are now bracing themselves for impact. We uncover the factors contributing to this turbulent journey…