Insolvency Blog

Will liquidation or administration affect personal credit rating

November 2nd, 2018 - Is my personal credit rating affected when I place my company into liquidation or administration? No, liquidation does not affect your personal credit rating.  A director or a shareholder has a distinct and separate legal identity to that of the company and it is the company that is going into liquidation. Your assets and your

Is this the beginning of the end for payday loan companies?

August 30th, 2018 - As you may have seen in the media this week, Wonga, one of the UK’s leading ‘payday loan’ companies is contemplating shutting its doors and entering Administration. This follows the closure of several Money Shop outlets across the UK since 2016, but what does this mean for the industry of legitimate loan sharks, and will

Bad Debt and Personal Insolvency Scam

June 19th, 2018 - In Lucas Johnson’s 3rd article during Scams Awareness month, we turn to the practice of preying on vulnerable creditors who have suffered a bad debt following the liquidation or administration of a company or llp.   For some creditors, the bad debt of a customer going under can have dramatic knock on consequences (the domino

Support Publishing Scam

June 15th, 2018 - Support publishing scams It was only in April 2018 that Child Protection UK Limited was wound up on public interest grounds. Advertising and magazine scams (commonly referred to as Support Publishing scams) are still going strong in the 21st century: You agreed to appear in this local publication/diary/calendar to support this worthy cause – the

Scams Awareness Month

June 12th, 2018 - It’s national Scams Awareness month.   In support of this we will be running a series of articles about scams over the remainder of this month and hope you will join us in sharing our stories to raise awareness of scams over the coming weeks given the impact these scams can have both financially and
Call to find your best debt solution
0330 900 2000
Cookies are used to help us improve our website. By using this website, you agree to use our cookies.