Purnells News & Blog

Income and Expenditure in a Bankruptcy

Income and Expenditure in a Bankruptcy

How will your income and expenditure be treated in a bankruptcy?

Posted: 13/05/2016

Dealing With Winding Up Petitions

Dealing With Winding Up Petitions

What is a Winding Up Petition ("WUP")? What does it mean for my Company? What are my options should one have been issued (or threatened to be issued) against my Company?

Posted: 08/04/2016

Will the Finance Bill 2016 be the Death Knell for MVLs

Will the Finance Bill 2016 be the Death Knell for MVLs

Will the Finance Bill 2016 be the Death Knell for MVL's

Posted: 05/04/2016

THE TRUTH ABOUT CREDITORS MEETINGS (SECTION 98 MEETINGS)

THE TRUTH ABOUT CREDITORS MEETINGS (SECTION 98 MEETINGS)

Creditors meetings are often feared by Directors. In this week's post we try to debunk some of the common myths about such meetings.

Posted: 01/04/2016

Dealing with HMRC when proposing an IVA

Dealing with HMRC when proposing an IVA

Most people, who are in financial trouble and need to put forward an Individual Voluntary Arrangement, have HMRC as creditors. Here we look at the guidelines and requirements HMRC require to support your IVA.

Posted: 24/03/2016

Schemes of Arrangement

Schemes of Arrangement

Schemes of Arrangement and their benefits

Posted: 18/03/2016

Individual Voluntary Arrangements ("IVAs")

Individual Voluntary Arrangements ("IVAs")

An introduction to Individual Voluntary Arrangements ("IVAs"). What they are, how they can work for you  and how they're approved.

Posted: 04/03/2016

Entrepreneur's Relief and MVLs

Entrepreneur's Relief and MVLs

With upcming changes to Entrepreneur's relief expected from April 2016, we look at the potential impace this has on extracting cash reserves from Companies that wish to close.

Posted: 26/02/2016

Saving Your Home Prior to Bankruptcy

Saving Your Home Prior to Bankruptcy

How to legitimately save your home when you are facing Bankruptcy

Posted: 23/12/2015

How a Company Voluntary Arrangement can save your Company

How a Company Voluntary Arrangement can save your Company

If a Company is facing financial trouble but thinks it would be able to trade profitably without its historic debt, a CVA may be a viable option to save it.

Posted: 11/12/2015

WHAT OPTIONS DO I HAVE IF I CANNOT AFFORD A LIQUIDATION

WHAT OPTIONS DO I HAVE IF I CANNOT AFFORD A LIQUIDATION

What options are available to Companies that cannot afford a liquidation

Posted: 27/11/2015

HOW TO PLACE A COMPANY INTO CREDITORS VOLUNTARY LIQUIDATION

HOW TO PLACE A COMPANY INTO CREDITORS VOLUNTARY LIQUIDATION

A short, useful guide on the stages involved in placeing a Company into Creditors Voluntary Liquidation.

Posted: 20/11/2015