Can Directors Be Held Responsible for Their Company’s Debts?
Company directors are responsible for running limited companies in the United Kingdom on behalf of shareholders. If the business is…
How Do I Know When I Need an Insolvency Practitioner?
For many businesses, insolvency can seemingly strike from nowhere. Sales are growing, profits are up, but within months or even…
What happens when a company goes into administration
With the country experiencing a serious economic downturn, it’s no surprise that many companies are facing the threat of insolvency…
Received a Winding-Up Petition? What Next?
Receiving a winding-up petition isn’t something that any company director or business owner can ignore. Creditors issue winding-up petitions when…
Why Irwin Insolvency Is Your Best Choice of Insolvency Practitioner
These are trying times for the UK economy, but you can rest assured that Irwin Insolvency will be by your…
US Chapter 11 vs. UK Administration
If your business is in financial trouble and struggling to stay afloat, then you might have thought about declaring bankruptcy.…
Government to Extend Insolvency Measures While Covid-19 Crisis Endures
The Department for Business, Energy and Industrial Strategy has announced that temporary insolvency measures will be extended as the COVID-19…
Will I Be Banned from Running a Company If I Declare Insolvency?
If your company is struggling financially and facing the threat of insolvency, there are countless different options and outcomes that…
Alternatives to Bankruptcy and How They Compare
If you’re an individual in dire financial straits and no longer have the funds to pay off your debts, you…