UK Recession: What does it mean for business?
| 24-08-2020The COVID-19 crisis has plunged the UK into its worst recession in recent history. Here we discuss just what this could mean for business.
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Take a look through the latest in-depth industry news as well as a range of features, insights and advice across a variety of different financial topics. Have a browse through our guides and web pages, so you can get an idea about what options might be possible and most helpful in your situation.
Misconceptions of IVA fees
| 10-08-2020An IVA can be useful to help clear individual and sole trader debts. They are not a miracle fix, and there are other misconceptions about IVA fees.
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IVA or Bankruptcy?
| 07-08-2020When individuals can’t afford to pay their debts, they may assume that bankruptcy is their only option to relieve them, which isn’t necessarily the case.
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What happens to my Bounce Back Loan (BBL) in liquidation?
|A Bounce Back Loan in liquidation is an unsecured debt, repaid last in a CVL, and written off once the process ends.
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My company is insolvent – what can I do?
| 31-07-2020A company is insolvent if it can’t pay its debts. If you're unsure if your company is insolvent, there are three insolvency tests to identify this...
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