ArticleField.comInternet's Fastest Growing Free Content Article DirectoryNon payment of Inland Revenue debt will eventually put a business in significant risk. They will in time apply for the issue of a winding up petition. According to a recent report by the National Audit Office (NAO), the amount owed to HM Revenue and Customs (HMRC) in the form of unpaid income, corporation and […]
Unfortunately, with the challenging trading conditions in which many companies are finding themselves, the use of procedures such as company voluntary arrangements is likely to become increasingly common. This is not good news for creditors who will find themselves with unpaid accounts. If a company is struggling to pay its debt, it may be at […]
Where a company is struggling partly due to historic debts, the directors may decide the best action is to close the business. However this need not be the end of the road as there is nothing to stop a director of the original business setting up a new company and making a bid to the […]
Those of you considering filing for a personal bankruptcy need to avail specialist help of an experienced bankruptcy attorney. Bankruptcy laws have undergone rampant changes in 2005 making it hard for probable bankruptcy filers to qualify for a personal bankruptcy. An expert guidance on the other hand could even help you to explore different bankruptcy […]
Most debtors who have filed for a personal bankruptcy under chapter 7 are completely unaware of the procedural aspects involved In File chapter 7 bankruptcy. The result is, due to lack of proper guidance, they find it quite hard to qualify for a chapter 7 filing. Hence, it is imperative for you to choose a […]
