Tags Insolvency

Tag: insolvency

Personal Insolvency now at 14 year low.

Scotland's personal insolvencies number has fallen to its lowest level in more than 14 years. During the three months leading up to the end of June, just 1606...

Insolvency service gets tough on rogue Directors

It has been revealed that disqualification orders made against criminal company directors has massively increased by over 83% in the past year alone. Despite the governments...

Scotland facing 2015 debt crisis

As many as 1,000 companies will fold and 12,000 Scots will be facing bankruptcy in 2015, a expert report has predicted. Respected Business advisers BDO state that many...

Well known flooring firm in administration for a third time

  Administrators have been called into to troubled flooring firm 'Floors-2-go' for a third time. Midlands based Insolvency firm MB Insolvency have been appointed to deal...

Insolvency service cracks down on dodgy directors

The number of Directors disqualified in England, Scotland and Wales has risen sharply according to new figures released by the Insolvency service. The latest statistics...

Pre pack administrations to be reviewed

  The long awaited government commissioned review of pre pack administration conducted by Teresa Graham has recommended that potential administrations are subject to investigation by...

Proposals could see bankruptcy period extended

Individuals declaring bankruptcy could be facing tougher measures by way of extended bankruptcy periods from 1 to 3 years if new  proposals are accepted. R3,...

Directors to be held personally liable for company collapses

VINCE CABLE has outlined proposals to shake up the insolvency profession, including plans to make directors personally liable for corporate collapses.

Bankrupt pop star dropped as face of Payday Loans firm

Kerry Katona has been dropped as the face of payday loan company Cash Lady after filing for bankruptcy for the second time.

Ireland suffering shortage of insolvency practitioners

Insolvency Service of Ireland Director Lorcan O'Connor has said that there are currently no "genuine experts in personal insolvency" in Ireland