Master the intricate landscape of personal financial distress with targeted insights and practical tools. Equip yourself with up-to-date strategies, detailed case law analysis, and regulatory guidance designed for swift, effective management of individual insolvency cases. Empower your practice with resources tailored to personal debtor and creditor issues, ensuring comprehensive support from initial advice to final resolution.
The Insolvency Service has updated its enforcement outcomes management information for May 2026. The data shows that there were 75 director...
The City of London Law Society (CLLS) Company Law and Insolvency Law Committees, and the Insolvency Practitioners Association (IPA), have submitted...
The Insolvency Service has announced that Sohail Cheema has been sentenced after pleading guilty to fraud and money laundering for fraudulently...
The Institute of Chartered Accountants of Scotland (ICAS) has confirmed that the interim guidance issued in September 2025 by it, the Institute of...
Role, powers, functions and duties of a liquidatorThe role and function of a liquidatorA liquidator is the officer appointed when a company goes into...
Bonds and notesThe terms ‘bonds’ and ‘notes’ are used interchangeably (and there is no legal difference between the terms), though notes tend to be...
Bankruptcy searchesBankruptcy searches at the Land Charges DepartmentWhen a bankruptcy petition is presented by a creditor, the court shall as soon as...
Basic introduction to super senior, senior, mezzanine and junior debtThe range of funding options open to companies has exploded, resulting in a vast...
Bankruptcy petitions—process and procedure post-presentation of the petitionBefore the hearing of the creditors’ bankruptcy petition takes place, there are a number of steps that must be taken to comply with the procedural requirements set out in the Insolvency (England and Wales) Rules 2016 (IR
A debtor has not included or mentioned a creditor client’s debt in their individual voluntary arrangement (IVA) (which has been approved without notice to the client) or a property (which the debtor intends to use the sale proceeds of to repay the client). If the client reaches terms of settlement
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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