Insolvency profession grinds through new rules
Business Recovery

Insolvency profession grinds through new rules

16y Rachael Singh

Insolvency profession grinds through new rules

Implementation of amendments to Insolvency Act could cost the top 20 firms £10m as changes are rushed through in four weeks Read More...

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Regulator risks its reputation, insolvency profession warns
Business Recovery

Regulator risks its reputation, insolvency profession warns

16y Rachael Singh

Regulator risks its reputation, insolvency profess...

Insolvency Service should concentrate on regulating recognised professional bodies, not interfering with individual IPs Read More...

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Insolvency law could be changed to boost pre-packs
Business Recovery

Insolvency law could be changed to boost pre-packs

16y Rachael Singh

Insolvency law could be changed to boost pre-packs

Consultation on effectiveness of SIP16 launched by government to boost confidence in pre-packaged administrations Read More...

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Fears of fraud and blackmail as bankruptcy moves online
Business Recovery

Fears of fraud and blackmail as bankruptcy moves online

16y Rachael Singh

Fears of fraud and blackmail as bankruptcy moves o...

Government hopes online bankruptcy petitions lead to drop in workload for courts Read More...

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Corporate insolvencies continue to decline
Business Recovery

Corporate insolvencies continue to decline

17y Rachael Singh

Corporate insolvencies continue to decline

Quarter on quarter figures see drop in troubled companies Read More...

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Personal insolvencies hit record high
Business Recovery

Personal insolvencies hit record high

17y Rachael Singh

Personal insolvencies hit record high

Fourth quarter figures reveal a 25% jump over last year’s record figures to 134,142 Read More...

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Online insolvency register could save time and money
Business Recovery

Online insolvency register could save time and money

17y Rachael Singh

Online insolvency register could save time and mon...

Registering administrations online could enable creditors to access information instantaneously and speed up the process Read More...

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IPs urged to clarify payment protocols for customers
Audit

IPs urged to clarify payment protocols for customers

17y Rachael Singh

IPs urged to clarify payment protocols for custome...

Insolvency Service review reveals debtors are unclear whether they had paid the nominee fee to the IP supervising an IVA Read More...

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Suppliers are urged to stop holding firms 'to ransom'
Business Recovery

Suppliers are urged to stop holding firms 'to ransom'

17y Rachael Singh

Suppliers are urged to stop holding firms 'to ran...

Insolvency Service recommendations may make entering company voluntary arrangements easier for struggling businesses Read More...

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Corporate insolvency market faces fair trade probe
Business Recovery

Corporate insolvency market faces fair trade probe

17y Accountancy Age

Corporate insolvency market faces fair trade probe

OFT to report on the structure of the insolvency market next year Read More...

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Personal insolvencies to break record
Personal Tax

Personal insolvencies to break record

17y Rachael Singh

Personal insolvencies to break record

History will be made as the number of annual personal insolvencies breaks all records Read More...

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Court winds up kitchen company run by accountant
Business Recovery

Court winds up kitchen company run by accountant

17y David Jetuah

Court winds up kitchen company run by accountant

Investigation finds In the Box, run by Philip Nigel Hill, appeared to be trading while insolvent and was using customer deposits to finance its ongoin...

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Artenius collapses after Spanish parent pulls plug
Business Recovery

Artenius collapses after Spanish parent pulls plug

17y David Jetuah

Artenius collapses after Spanish parent pulls plug

Affairs of Teesside-based subsidiary of Spanish giant La Seda De Barcelona, now being handled by administrators from Deloitte Read More...

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IPs praised on pre-packs, but must do better: Insolvency Service
Business Recovery

IPs praised on pre-packs, but must do better: Insolvency Service

17y David Jetuah

IPs praised on pre-packs, but must do better: Inso...

Insolvency Service say insolvency experts have taken positive approach but regulator will still 'be looking to strengthen SIP 16 to ensure it gives cr...

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Insolvency Service splits - it's about time too
Business Recovery

Insolvency Service splits - it's about time too

17y David Jetuah

Insolvency Service splits - it's about time too

The Insolvency Service has said it will separate its practitioner licensing arm from its regulatory division Read More...

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Insolvency Service's IP authorisation to be kept at 'arms length'
Politics

Insolvency Service's IP authorisation to be kept at 'arms length'

17y Rachael Singh

Insolvency Service's IP authorisation to be kept a...

The first annual review of insolvency practitioner regulation highlights the separation of regulator and authoriser Read More...

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Bottom falls out of bankruptcy market
Business Recovery

Bottom falls out of bankruptcy market

17y Rachael Singh

Bottom falls out of bankruptcy market

No incentive for practitioners to continue taking on personal bankruptcies despite a rise in the number of people becoming insolvent Read More...

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Take up of new debt relief orders disappointing, say IPs
Business Recovery

Take up of new debt relief orders disappointing, say IPs

17y Rachael Singh

Take up of new debt relief orders disappointing, s...

Overworked insolvency practitioners fear that new legal mechanism for handling personal bankruptcy ­ debt relief orders (DROs) will fail to help Read...

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Insolvencies skyrocket again
Business Recovery

Insolvencies skyrocket again

17y David Jetuah

Insolvencies skyrocket again

Liquidations rocket 56%, receiverships, administrations and CVAs collectively surge by 43.6% and 29,774 people go bankrupt or set up IVAs Read More...

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Personal insolvency soars
Business Recovery

Personal insolvency soars

18y Rachael Singh

Personal insolvency soars

Results show bankruptcy is more popular than IVA Read More...

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Insolvency Service promises a hard line over pre-pack abuse
Business Recovery

Insolvency Service promises a hard line over pre-pack abuse

18y David Jetuah

Insolvency Service promises a hard line over pre-p...

Insolvency Service chiefs to crack down on abuse of controversial pre-pack administrations after tough criticisms from MPs Read More...

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Directors warned against misusing pre-packs
Business Recovery

Directors warned against misusing pre-packs

18y Accountancy Age

Directors warned against misusing pre-packs

Insolvency Service takes a dim view of abusing the system Read More...

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FD of collapsed business disqualified as director
Business Recovery

FD of collapsed business disqualified as director

18y Kevin Reed , Writer

FD of collapsed business disqualified as director

FD Renwick Haddow disqualiifed as a director for misleading investors Read More...

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DRF pans SIVA withdrawal
Politics

DRF pans SIVA withdrawal

18y David Jetuah

DRF pans SIVA withdrawal

Debt Resolution Forum rejects the Insolvency Service claim that current IVA guidance rules out the need for simplified IVAs Read More...

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Laptops stolen from the Insolvency Service
Business Recovery

Laptops stolen from the Insolvency Service

18y Rachael Singh

Laptops stolen from the Insolvency Service

Insolvency Service reports break-in at its premises Read More...

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