Personal Insolvency – cases rise

Thursday, 29 October 2015 by

The number of people being declared insolvent has risen for the first time in a year, but the total remains lower than much of the past decade. The Insolvency Service said that 19,683 people in England and Wales were made insolvent in the third quarter of 2015. This was up 2.8% on the previous three

The signs to look for when financial advice may be needed for your business: The Company is unable to pay its debts as they fall due. The Company is being chased incessantly for non-payment of bills, and may ultimately receive Statutory Demands, Writs or Winding Up Petitions. Cheques bounce due to lack of funds. Directors

  The signs to look for when personal financial advice may be needed:   Am I paying out more each month than I receive in income?   Am I struggling to pay my bills as and when they fall due?   Am I robbing Peter to pay Paul?   Are the payments that I am