Insolvency & Law Articles
Advisory
Overdrawn Directors’ Loan Accounts: How to Avoid Trouble
Many company directors borrow money from their businesses through what’s known as a director’s loan account (DLA). In principle, there’s…
What Is a Loan Note? The Ultimate Guide
Loan notes have become increasingly popular in the investment world—often promoted as high-return, fixed-income opportunities. But what exactly are they,…
Think Twice Before Dissolving A Company
When a business venture doesn’t go as planned, it’s natural to consider winding up operations and moving on. However, dissolving…
The Life Cycle of a Loan Note
We are not fans of unregulated investments but we realise that they look attractive (on paper). Inthis blog we explore…
Debt Relief Order vs. Bankruptcy: Which Is Right for You?
If you’re struggling with overwhelming debt, you’ve likely heard of a Debt Relief Order (DRO) and bankruptcy as potential solutions.…
What Is a Bankruptcy Restrictions Order (BRO)?
When you declare bankruptcy, you enter a 12-month period as an “active bankrupt,” during which you must adhere to a…
Understanding the winding up petition: A crucial tool
In the world of insolvency, a winding up petition holds significant importance. When a company has received a statutory demand…
Bankruptcy Annulment: A Fresh Start for Financial Recovery
Bankruptcy is often viewed as a last resort for individuals overwhelmed by debt, offering a path to financial relief but…
Construction 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…
County Court Judgements- What are they?
Dealing with unpaid debts is never a pleasant situation, but sometimes it becomes necessary to seek recourse to resolve these…
Is The Co-op Bank Unfairly Holding the Funds of Our Small Business?
We can reveal today that the Co-op bank, the bank in which we use for our business account, has been…
Debt Assignment: What You Need to Know
You may have heard the term “debt assignment” tossed around in the world of finance, but whatdoes it really mean?…
Director’s: Compensation Orders and Liquidation Factories
Under the umbrella of Directors Misfeasance, the nuances of compensation orders, directors’disqualification, and liquidation factories is key. In this blog…
Navigating Bounce Back Loans: Director Disqualification
During and since the Covid-19 Pandemic, Bounce Back Loans have been a lifeline for many strugglingbusinesses. But their misuse can…
Navigating the Overdrawn Director’s Loan Account in Insolvency
Directors, regardless of their company ownership, must walk a fine line when it comes to drawingmoney from their businesses. Understanding…
Independent Financial Advisors (IFA)
An IFA (independent financial advisor) is someone who gives unbiased advice on how to invest in financial products across the…