A director of a limited company, member of an LLP or partner in a traditional […]
Glossary
Insolvency: Distraint
Is the seizure of someone’s property in order to obtain payment of money owed. Distraint […]
Insolvency: Discharge
When a Bankrupt is no longer subject to the automatic restrictions of Bankruptcy they are […]
Insolvency: Disabilities of a Bankrupt
It is a criminal offence for an undischarged bankrupt to, amongst other things: Act as […]
Insolvency: Director
There are 3 types of director: o De Jure director – someone officially appointed and […]
Insolvency: Declaration of solvency
A summary statement showing the assets and liabilities of a company together with a statement […]
