Update from Adina-Leigh Collins, Solicitor, Litigation department A bankrupt individual from Leamington Spa has been jailed for eight months after he failed to disclose a rental property to his trustees. The individual was made bankrupt in August 2017, with debts of...
Update from Adina-Leigh Collins, Solicitor, Litigation department What is a Bankruptcy Petition? A bankruptcy petition, put simply, is a petition to the Court to ask for a bankruptcy order against an individual and is usually presented on the grounds that the debtor...
Article written by Bimal Kotecha, Solicitor, Litigation department In June 2022, a sole company director was disqualified and sentenced to 24 months imprisonment for Bounce Back Loan fraud in the first successful criminal prosecution for the Insolvency Service of a...
Article written by Adina-Leigh Collins, Litigation Solicitor In this article, we look at statutory demands and what you can do if you are served one. What is a statutory demand? A statutory demand, to put it simply, is a written demand for payment of a debt. It is...
Article written by Adina-Leigh Collins, Litigation Solicitor In this update, we look at statutory demands, what a statutory demand is, how to serve a statutory demand and what to do if a debtor fails to pay. What is a statutory demand? A statutory demand is a written...
Article written by Bimal Kotecha, Solicitor On 29 April 2022, tennis great Boris Becker was sentenced to two and a half years in prison for offences relating to his bankruptcy. This article highlights the potential severe consequences of a bankrupt individual...
