Does Bankruptcy Clear Personal Guarantees?
If your business is facing financial difficulty and you have secured loans or credit through personal guarantees, you might need…
Bankruptcy credit cards
Declaring bankruptcy will affect your credit rating for years, but it may be the only option available to individuals in…
What Is Balance Sheet Insolvency?
Balance sheet insolvency is a type of corporate insolvency that may affect a company with limited assets and high debts.…
How Does Insolvency Affect Pensions?
If your company has found itself in financial trouble, it’s highly likely that you’re wondering what will happen to your…
How Can Liquidity Risk And Credit Risk Cause Insolvency
Liquidity risk and credit risk are both important measures of a company’s ability to pay its debts. If your business…
What Is the Role of a Trustee in Bankruptcy?
Declaring bankruptcy is a long and complex legal process that requires the oversight of a licensed insolvency practitioner appointed to…
Mortgages After Bankruptcy
If you’ve been forced to declare bankruptcy, you might be wondering if it’s possible for you to secure a mortgage…
Can I Get a Loan After Bankruptcy?
Securing a loan after bankruptcy is no easy task. Declaring bankruptcy severely affects your credit rating, and lenders will view…
What Happens After You Are Discharged from Bankruptcy?
If your debts are mounting and creditors are chasing you for payment, you might consider declaring bankruptcy. Bankruptcy is an…