Phoenix companies are legal, but reusing a failed company’s name without following strict rules is a criminal offence. Here is what Section 216 actually allows and how to stay within it.
Insolvency practitioner fees are not fixed by law, and costs vary widely depending on the process and complexity. Here is how fee structures work and what questions to ask before you appoint one.
Members’ Voluntary Liquidation and Creditors’ Voluntary Liquidation sound similar but serve very different purposes. Here is how to tell which one applies to your company.
HMRC has serious powers to recover unpaid tax, but taking your home is a last resort, not a first step. Here is what the process actually looks like and how to protect yourself.
Millions of UK car finance deals may have involved hidden commission. Here is what financial mis-selling means in law, how car finance claims work, and how to complain without losing a large share of your compensation.
A winding up petition can freeze your company’s bank accounts within days. Here is how the process works, who can file one, and the real options for stopping it before it reaches court.
Director disqualification can bar someone from running a UK company for up to 15 years. Here is how the process works, what counts as unfit conduct, and how to respond if you are investigated.
Administration and liquidation are both formal insolvency processes, but one aims to rescue a company and the other ends it. Here is the difference, and what it means for directors.
A personal guarantee can make a company director personally liable for business debt, putting their home and savings at risk. Here is what to check before signing, and what happens if you cannot pay.
A Company Voluntary Arrangement lets an insolvent company repay creditors over time while continuing to trade. Here is how the process works and whether it could suit your business.
