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Insolvency & Law Blog

How to react to a HMRC winding-up order

By admin | Sep 2, 2019 | Comments Off on How to react to a HMRC winding-up order

Being served with a Winding-up Petition from Her Majesty’s Revenue and Customs (HMRC) is a daunting prospect that requires a…

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Tips for collecting long-standing debts

By admin | Aug 21, 2019 | Comments Off on Tips for collecting long-standing debts

Earlier this year, I&L received a phone call from a distressed subcontractor (subbie). They claimed that for months, West Midlands…

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CVL boost in England leads to 5-year insolvency high

By admin | Aug 21, 2019 | Comments Off on CVL boost in England leads to 5-year insolvency high

Between April and June 2019, the number of companies entering insolvency procedures reached a 5-year high, boosted by company voluntary…

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Statutory Demand vs Pre-action letter

By admin | Aug 21, 2019 | Comments Off on Statutory Demand vs Pre-action letter

Pre-action letters and Statutory Demands (also known as Stat Ds) are useful tools for chasing longstanding and undisputed debts. But…

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Young and middle-aged women leading on insolvencies

By admin | Aug 5, 2019 | Comments Off on Young and middle-aged women leading on insolvencies

The number of women entering insolvency procedures jumped from 30% to 54.3% between 2000 and 2018, according to new figures…

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Why pre-action or letters before action are essential

By admin | Aug 4, 2019 | Comments Off on Why pre-action or letters before action are essential

When chasing a business or person for a debt, it’s usually a good idea to send a letter before action…

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HMRC’s Return to Crown Preference is Unfair

By admin | Aug 4, 2019 | Comments Off on HMRC’s Return to Crown Preference is Unfair

Expect more companies to go bust from April 2020, unless the government halts plans to make HM Revenue & Customs…

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