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Search results: 11 article(s) found in topic: Debt recovery - keyword: Insolvency proceedings

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The debt chase and collect conundrum

Prompt invoicing and chasing payments can keep your cash flow steady. But what should you do if debts are building up? Who do you chase and how do you go about it? More...


The unhappy lot of an unsecured creditor

It’s the employees and owners who are hardest hit when a business goes under, but in the current economic climate it can be a real blow to creditors and customers too. If you’re owed money by an insolvent business, what are your options? More...


Getting paid under the new insolvency rules

Changes to the insolvency rules were made in April 2017. If a business or individual customer goes under owing you money, what steps are now needed to make a claim for payment? More...


New insolvency rules will benefit creditors


New plans for corporate debt

The government wants to amend the rules to protect SMEs from insolvency. But some experts say that the scheme could backfire. What’s the full story? More...


They’ve gone bust: what happens now?

You’ve heard a whisper that a company you have dealings with has got into financial trouble and is now in liquidation. How can you check its trading status, and what happens if you owe it? More...


Recovering debts from a defunct company

You’ve just discovered that a company that owed yours money has been dissolved and the directors have done a runner. Is there any chance of getting paid and, if so, what steps are involved? More...


Staking your claim with the liquidator

Bad debts are on the increase. If an individual trader or partnership which owes your company becomes insolvent, what steps can you take to increase your chances of getting a share of the money? More...


Is a statutory demand the answer?

If your company is owed money, you’ll probably want to avoid the cost of going to court. One way to prompt quick payment is with a statutory demand. So when can it help you and will this approach work every time? More...


What’s a pre-pack?

Pre-packs are increasingly being used to rescue businesses that are in financial difficulties. What are they, and what could be their implications for you? More...
Last updated: 02.07.2020

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