
How to stop a Winding Up Petition
Creditors use winding-up petitions to enforce the payment of the debt that is owed by a business. The petition is often the

FSCS & Insolvency Practitioners need closer ties
A close relationship between the Financial Services Compensation Scheme and insolvency practitioners is critical when it comes to protecting consumers. The FSCS

Are directors of a company liable for debts?
Directors of a private limited company (“Ltd or Limited”) are officers of the company and carry no automatic personal liability for the

The Undercapitalisation of Businesses
It continues to surprise us how many businesses are undercapitalised. During a recent conversation with an accountant, we got onto the subject

Overdrawn Directors’ Loan Accounts
Many advisory articles touch upon overdrawn Directors’ Loan Accounts during insolvency proceedings, however many of them aren’t telling the whole story. These

How long does it take to liquidate a company?
If your company has become insolvent, or is facing Liquidation, it’s always worth knowing how long the following processes may take. When

What happens if an employer becomes insolvent?
NOTE: The Insolvency Experts offer financial guidance and representation to companies who are considering or currently going through the Winding Up process.

Advice if you supply a business that has gone into administration
If you are a supplier to a company that has gone into Administration there is a good chance that you will be

Who appoints an administrator?
Administrators act as officers of the court and can be appointed by directors or shareholders of an insolvent company. Additionally, secured creditors

Insolvency Practitioner Fees
The basis of the fees for insolvency practitioners in these types of cases is usually based upon the estimated time to be