Introduction Household debt in the UK In this article we will cover UK debt statistics and how debt collection tracing can help to recover an outstanding debt. Debt is rising in the UK and the level of household debt can sit anywhere in the region of £170 billion. This debt level is surely to[…]
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insolvency
Debt Collection Tracing
Blog, Debt, insolvency, late payment, People tracer, people tracing, small claims court, UK Debt Statistics Jan 01, 2021
What is Administration?
law, administration, insolvency, invoices, late payment, small claims court Dec 07, 2020
Introduction What is administration This article will discuss what is administration in the UK. Going into administration is essentially when a company becomes insolvent and they are put under the management of an LIP, or Licensed Insolvency Practitioner. The directors or the secured lenders can easily appoint administrators through the court process, and this protects[…]