Articles 6 of 6

Insolvency Education as a Preventative Measure

Insolvency education for directors is a difficult subject matter to raise with anyone. I came across a recent article that talked about Vince Cable wanting to tighten up on ‘dodgy’ director practices. The call for the practices of these directors…

HMRC Changes and Business Risk Management

Let’s all make a belated New Year’s resolution to check everything in detail before signing company documents. The number of directors that I have spoken to regarding personal guarantees has rocketed for some reason. Some had decided to take a…

Overcoming Fear of Failure in Business Insolvency

 I was discussing the pitfalls of insolvency with an accountant and his client when addressing the client’s business debt problem recently. The chap’s limited company was in great difficulty and had traded for quite some time. He was in his mid-fifties and…

Preventing Company Director Disputes

Directors disputes with creditors are common place and some may be contrived but most are legitimate. At least that’s what Vince is hoping to achieve along with countering terrorism and money laundering which are far more serious issues it is…

Emotional Cost of Delaying Company Liquidation

Most people first think of the cost of a liquidation in monetary terms when considering liquidating a limited company. Few people consider the emotional cost to them when they put the liquidation off for the wrong reasons. Being concerned about what may…

Good Creditor Communications are essential

Creditor communications are essential. When your company has become insolvent you should look to inform the creditors as soon as possible about the situation, but how do you go about doing this?It’s only natural that you would be concerned about…

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