A nominee is a licensed insolvency practitioner who helps propose a deal with their creditors […]
Glossary
No Fault Bankruptcy
Under the Enterprise Act 2002 the UK Government significantly relaxed the rules regarding bankruptcy. From […]
Moratorium
A period of time during which a certain activity is not allowed or required. Usually […]
Liquidator
A liquidator is a person responsible for dealing with the winding up of a company […]
Liquidation
When a company dies. Once the process starts the company is administered by a liquidator […]
Limited Liability
A mechanism that allows Limited company and PLC shareholders to limit there responsibilities if the […]