Uncategorised

CVA as an alternative to voluntary liquidation – our guide

If you are considering entering into a CVA as an alternative to voluntary liquidation then hopefully this guide should help. In this day and age, we understand compromises have to be made. In some circumstances, we have found companies are struggling to get out of debt, despite providing an in-demand…

What are the Pros and Cons of Voluntary Liquidation?

Voluntary liquidation is the term used when a company decides to cease trading of its own accord. It is usually implemented as a final measure to settle outstanding debts by selling assets and property. The process can manifest via two methods, members’ voluntary liquidation and creditors’ voluntary liquidation, but the…

Bankruptcy twice as likely in Northern England than the South

The insolvency gap between the North and South of England has widened. Moore Stephens research shows personal insolvency rates between 2008-2013 have risen throughout Northern England but significantly fallen in London. Though from 2008-2013 the overall national personal insolvency rate fell by 10%, this figure hides critical regional disparities. In…