Insolvency & Law Blog

What are recovery room scams?

By admin | Oct 13, 2022 | Comments Off on What are recovery room scams?
Fraudsters target investors who've lost money by pretending to be an official who will help them recover the money

A recovery room scam occurs when scammers falsely present themselves as insolvency professionals to recover funds lost in a failed…

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Insolvencies jump 43%

By admin | Oct 12, 2022 | Comments Off on Insolvencies jump 43%
A 43% increase in insolvencies in August 2022 is bad news for UK business owners

Startling new statistics have revealed the number of insolvent companies jumped by a staggering 43% in August 2022. Although high…

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Mediation compulsory for County Court claims

By admin | Sep 14, 2022 | Comments Off on Mediation compulsory for County Court claims
The Ministry of Justice has announced plans for mandatory mediation sessions for small claims under £10,000. Compulsory mediation will be introduced into all County Court claims if the scheme is successful…

The Ministry of Justice (MoJ) recently announced plans to introduce compulsory mediation sessions for County Court claims valued under £10,000.…

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Options for a profitable but insolvent company

By admin | Sep 13, 2022 | Comments Off on Options for a profitable but insolvent company
Administration and company voluntary arrangement (CVA) are useful alternatives to liquidating a profitable company

As reports of company insolvencies come streaming in, it’s important for directors to weigh up business rescue options in advance.…

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50% increase to bankruptcy and liquidation fees

By admin | Aug 29, 2022 | Comments Off on 50% increase to bankruptcy and liquidation fees
Let us review your trading documents to speed up payments and protect your business

Just months after lifting the temporary restrictions on winding-up petitions, the Government has revealed plans that will make it harder…

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3 alternatives to liquidation for directors

By admin | Aug 29, 2022 | Comments Off on 3 alternatives to liquidation for directors
There are several options available to directors and business owners with companies facing insolvency

A clever director will be considering their options as the number of corporate insolvencies continues to rise in 2022. Still,…

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BBC expose unregulated investment scam

By admin | Aug 22, 2022 | Comments Off on BBC expose unregulated investment scam
The FCA came under fire following the airing of a BBC Panorama episode on unregulated investment schemes

The BBC has shone a light on a huge investment scheme failure this week in Panorama: The Billion Pound Savings…

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