McAlister | Blog (13)

October 17, 2019 by Sandra

At what point should I speak to an insolvency practitioner?
Whether you want to rescue your business or close a company that’s run its course, if your business is experiencing financial issues - or if there is... [Read the full blog...]
Filed Under: Business Insolvency
September 18, 2019 by Sandra

Winding up petitions and validation orders - demystifying the jargon
As a business owner, there’s a lot you need to know. Not only do you need to be confident in your expertise in your chosen market, but you also need to... [Read the full blog...]
Filed Under: Validation Orders
September 16, 2019 by Sandra

Compulsory winding up explained: what is a creditor petition?
A creditor petition is often the last step a creditor can take to collect an unpaid debt; it can also be called a winding up petition, or WUP. These can... [Read the full blog...]
Filed Under: CVA
September 2, 2019 by Sandra

Is it possible to trade out of insolvency?
What does ‘trading out of insolvency’ mean? ‘Trading out’ of insolvency is a term is used to describe the process by which a company with a negative cash... [Read the full blog...]
Filed Under: Business Insolvency
August 19, 2019 by Sandra

How to appoint an administrator
A company administration procedure is where a company is insolvent and facing serious threats from creditors. It’s a very powerful process, open to... [Read the full blog...]
Filed Under: Company Administration
August 16, 2019 by Sandra

CVAs for landlords: what do you need to know?
A company voluntary arrangement (CVA) is a company rescue and restructuring option which can help ensure the survival of your company. If a company has a... [Read the full blog...]
Filed Under: CVA
July 12, 2019 by Sandra

Three reasons you should consider selling your business
At some point during the running of your business, there may come a time where you’ll have to sell it on. The reasons for this vary from business to... [Read the full blog...]
Filed Under: Finance
July 11, 2019 by Sandra

The key differences between bankruptcy and liquidation
Bankruptcy is the process of getting rid of all unsecured debts by the selling of assets owned by the debtor. It’s different to the liquidation process as... [Read the full blog...]
Filed Under: CVL
July 8, 2019 by Sandra

Business debt advice for directors of distressed companies
Financial distress is a very difficult time for directors. Not only do you have to start navigating insolvency jargon and working out what’s best for your... [Read the full blog...]
Filed Under: Insolvency
June 25, 2019 by Sandra

How to test the stability of your business
Profitability doesn’t always equal stability. Your business’s ability to withstand a temporary issue is the real test to its viability. For example, if... [Read the full blog...]
Filed Under: Insolvency