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By Griffin and King
I had a call from Tracey last week. Tracy explained that her husband (Neil) and she had been in a DMP (Debt Management Plan) for around six years. Neil's accountant had suggested she call us.

By Griffin and King
The Eurozone is braced for a further bout of austerity despite pledges from political leaders to boost growth policies after the European Commission predicted at least 9 of 17 member countries would fail to meet spending targets next year.

By Griffin and King
The latest Insolvency Index from Experian®, the global information services company, reveals a positive picture in January, with the number of business failures down by more than 10 per cent compared to January 2010.

By Straightalkdebt
Over forty percent of people (43%) believe that their financial situation will worsen over the next six months, according to a quarterly survey by R3, the insolvency trade body - an increase of 13 percent on the last quarter.

By Griffin and King
Homeowners facing debt problems could be putting their home at risk simply because they don’t understand the distinction between priority and non-priority payments according to debt solutions expert, Atlantic Financial Management.

By Griffinandking
The Insolvency Practitioners Association (IPA) has announced the dates for a series of road-shows to key provincial centres, sponsored by JLT Partnership Practice.

By Griffin and King
UK quoted companies issued 45 profit warnings in Q2 2010, compared to 54 in the first quarter of the year.

By Griffin and King
Today’s announcement of 11% cuts in running costs is an unavoidable necessity in this climate but am concerned it will lead to a reduction in the number of insolvency and live company investigations the Insolvency Service are able to pursue.

By Griffin and King
A record 146,948 Britons will become insolvent in England and Wales this year, according to a new survey - a 10% increase on 2009`s figure.

By Griffin and King
During May, the rate of business insolvencies fell to its lowest point since January 2010, according to the latest Insolvency Index from Experian®, the global information services company.

By Straightalkdebt
The insolvency trade body, which explores the experiences of people struggling with debts, reveals that a far higher proportion of younger respondents are more likely to leave their bills unopened and avoid their creditors than older respondents.

By Griffin and King
A surge in potential bankrupts trying to put their assets out of the reach of their creditors has prompted a warning from The Insolvency Service.

By Straightalkdebt
Business failures in the retail sector last year hit record levels not seen since the 90s recession, according to the latest Industry Watch report by accountants and business advisors, BDO LLP and the Centre for Economics and Business Research (CEBR)

By Griffin and King
Figures by R3, the insolvency trade body, reveal that 31% of those in statutory insolvency procedures are still being contacted by those they owe money to. This is made up of 44% of those who have filed for bankruptcy and 25% of those in an IVA.

By Straightalkdebt
Three companies involved in the mis-selling of health supplements including Acai Berry Detox, Life Cleanse and Resveratrol have been ordered into liquidation following an Insolvency Service investigation.

By Straightalkdebt
Businesses are cutting back on recruiting accounts staff, even though their role in keeping the cash flowing is more vital than ever.

By Griffin and King
Following calls from the Organisation for Economic Co-operation and Development (OECD) to raise interest rates to 3.5%, insolvency trade body R3 has traced the impact that rises would have on small businesses.

By Griffin and King
In his first major speech as Business Secretary, Vince Cable committed the government to taking a tougher line on parts of the banking system that have "not served enterprise in this country as well as they could".

By Bob Richard
Once they approve everything, on your request, they will even file a court petition for bankruptcy for you. This way, we can see that filing bankruptcy online will take away the pain out of the complicated proceedings.

By Straightalkdebt
As the latest statistics from the Insolvency Service reveal yet another quarterly rise in insolvencies in England and Wales

By Griffin and King
Today’s drop in corporate insolvencies comes a surprise to many and masks a large number of corporate insolvencies that have yet to come through the system.

By Straightalkdebt
Figures released yesterday by the Government’s Insolvency Service revealed that levels of personal insolvency in the UK have increased for the ninth consecutive quarter and are at the highest level since records began.

By Griffin and King
The number of troubled companies falling into insolvency has dropped, with 783 being placed into administration in England and Wales in the first quarter of 2010, according to statistics released today by the Government''s Insolvency Service.

By StrykerIVS
The new device allows physicians to customize their treatment approach for VCFs.

By Griffin and King
Ahead of the official insolvency statistics, RSM Tenon Tracker, the real-time insolvency monitor, forecasts the level of personal insolvencies in the first three months of 2010.

By Straightalkdebt
Leading business information provider, Equifax, has released its Business Failures Report for the first quarter of 2010, revealing an apparent steely determination by UK businesses to survive - despite the recession.

By Griffin and king
The latest Credit Action figures reveal that an estimated 390 adults will become insolvent each day in the UK. The figures remain incredibly high, despite the formal end of the recession during the final quarter of 2009.

By Straightalkdebt
A newly proposed system allowing people to apply for bankruptcy online creates a number of serious risks including impulsive, pressurised and ‘malicious’ bankruptcies (where individuals can apply for bankruptcy in someone else’s name)

By Griffin and King
The stigma of personal insolvency has not lessened as new research shows that 30% of those struggling financially without help haven’t even told those closest to them.

By straightalkdebt
Five companies involved in the mis-selling of undeveloped land for investment to the public have been ordered into liquidation in the High Court following a Insolvency Service investigation on behalf of the Government.

By straightalkdebt
A package of measures aiming to modernise and streamline insolvency legislation come into force recently.

By Griffin and King
The number of companies entering liquidation in 2009 – 2010 is set to be the highest since 1992 according to figures obtained from Companies House by UHY Hacker Young, the national accountancy group.

By Griffin and King
UK consumers stampede to repay mortgage debts. Recent figures released from the Bank of England show that for seven consecutive quarters homeowners have been paying of their mortgage debt.

By Griffin and King
This follows on from the review of the first six months of SIP 16.

By Straightalkdebt
The latest Insolvency Index from Experian®, the global information services company, has revealed a year-on-year fall in business insolvencies during February.

By Straightalkdebt
R3 welcomes the Governments new measures on credit cards and we expect that the changes to the allocation of payments will go some way to reducing the UKs 54 billion credit card debt.

By Griffinandking
According to press reports, The Ministry of Justice (MoJ) will ask on Monday 15th March 2010 for more time to consider the findings of its consultation into debt management plans (DMPs).

By Straightalkdebt
Exeter County Court made a ten year Bankruptcy Restrictions Order against Mr Kevin John Moseley after he obtained deposits from a customer both before and after his bankruptcy to their unreasonable risk and failed to keep any accounting records.

By Griffin and King
Insolvency Service raises cost of bankruptcy by 90. Save up to go bust?



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