Insolvency

Explore the formal insolvency process, where your assets are realised to pay creditors. Our articles explain how this procedure works, what to expect, and your rights throughout.

Ending an Insolvent Partnership

When a partnership owes more than it can pay, both partners typically face personal liability and potential bankruptcy proceedings.

Going into Receivership

Find out what happens when a company enters receivership and how secured creditors force asset sales to recover their money.

Insolvent Estates

When someone dies in debt, their will is overruled and creditors can claim assets including the family home to settle what's owed.

Record Numbers of Britons Declared Insolvent

UK insolvency hits record high in March with 14,000 people declared insolvent despite economic recovery.

Why Appoint an Insolvency Practitioner?

An insolvency practitioner can help you manage serious debt problems and deal directly with creditors to avoid bankruptcy.

Your Rights Surrounding Insolvency

Know what happens to your rights and assets if you become insolvent, whether as a company or individual.