Insolvency and Business Debts Blog

Self-Employed and Sole Trader Debt Advice Personal Insolvency Advice for Individuals in Liverpool and Merseyside Are you a sole trader struggling with debt? You may be a self-employed tradesperson, such as a builder, plumber or electrician, who has difficulties paying your supplier. You may work for yourself as a graphic design artist, a consultant or other speciali..

Corporate and Individual Insolvency Support Services from Oakdale Insolvency Corporate Insolvency and Individual Debt Advice in Liverpool and Merseyside Have you had a change in business circumstances? Are you experiencing financial pressures as a business? Bank closing in, suppliers demanding payments, HMRC payments falling behind or cash flow issues? Maybe you ar..

How To Cope With Misconceptions Around Service Demand Access Debt Advice Early to Maximise Your Options Over recent years many people have said “you must be really busy.” Our answer to this justifiable assumption has always been: “We are steady, however the industry as a whole is the quietest it’s been for seven years” When the recession began back in 2008 credi..

What Pressure can Creditors apply when Collecting Debts? Understanding Debtor Rights and the Extent of Creditor Action After the festive period, January and February tend to be tough months for anyone in debt. It is also when creditors increase their pressure and up the ante when pursuing debtors. Therefore, we have decided to set the record straight and dispel the myth..

Myth Busting Common Debt Misconceptions - Part 2 Understanding Personal Risk and the Implications of Becoming Bankrupt Myth 5 – You will lose your property if you become bankrupt It is a common misconception that you lose your property in bankruptcy. The asset within any property is the “equity”. This is the value of your property minus what is owed on the mortgage. ..

Myth Busting Common Debt Misconceptions - Part 1 Understanding IVAs, Creditor Rights and Bailiff Action Myth 1 – You’re alone Research by R3 (Association of Business Recovery Professionals) suggests that there were around 574,000 people who had contacted their creditors informally about their debts, and a staggering 961,000 individuals who are struggling but have no..