McAlister | Blog | Insolvency

March 10, 2021 by Sandra

What is the Pay As You Grow scheme and how does it work?
The sheer magnitude of the recession in the UK caused by the COVID-19 pandemic is unprecedented in modern times. The UK economy remains 8.6% smaller than... [Read more...]
Filed Under: Insolvency
March 3, 2021 by Sandra

The Warning Signs of Insolvency
When it comes to finance, it’s easy to bury your head in the sand. But with a business, recognising the warning signs of insolvency early could mean the... [Read more...]
Filed Under: Insolvency
August 11, 2020 by Sandra

IVAs explained: everything you need to know
It’s not uncommon for small businesses to face financial difficulty. However, when a business is struggling, it can be really difficult for sole traders... [Read more...]
Filed Under: Insolvency
August 6, 2020 by Sandra

When should I consider administration?
If your business has fallen on hard times and becomes insolvent, you will face a variety of options. Three of the most common options for insolvent... [Read more...]
Filed Under: Insolvency, administration
April 8, 2020 by Sandra

Crisis management: how to recover your business
From fires to flooding, power faults to flu, unplanned events can be very difficult for businesses to recover from. In some situations, you might struggle... [Read more...]
Filed Under: Insolvency, Business rescue, small business flood relief
March 13, 2020 by Sandra

Fixed and floating charges: the facts
When a company borrows money from a lender, it’s not unusual for the lender to ask for some sort of security for the debt. This is to protect the lender’s... [Read more...]
Filed Under: Insolvency
March 11, 2020 by Sandra

What happens to my company’s credit rating after insolvency?
The Insolvency Act defines a company as insolvent if the company fails to pay its debts as they fall due, or if the company’s liabilities on the balance... [Read more...]
Filed Under: Insolvency
January 28, 2020 by Sandra

Insolvency trends in 2019
According to the Insolvency Service, total company insolvencies have continued to increase in the last two quarters of 2019, with an increase of 1.6% from... [Read more...]
Filed Under: Insolvency
October 18, 2019 by Sandra

What do I need to be aware of when selling my company’s assets?
Most businesses will accumulate a substantial amount of assets over time. If your company is becoming insolvent, your assets will either be sold prior to... [Read more...]
Filed Under: Insolvency, debt advice
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 more...]
Filed Under: Insolvency, debt advice