Purnells News & Blog
How will your income and expenditure be treated in a bankruptcy?
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?
Will the Finance Bill 2016 be the Death Knell for MVL's
Creditors meetings are often feared by Directors. In this week's post we try to debunk some of the common myths about such meetings.
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.
Schemes of Arrangement and their benefits
An introduction to Individual Voluntary Arrangements ("IVAs"). What they are, how they can work for you and how they're approved.
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.
How to legitimately save your home when you are facing Bankruptcy
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.
What options are available to Companies that cannot afford a liquidation
A short, useful guide on the stages involved in placeing a Company into Creditors Voluntary Liquidation.