How to declare yourself bankrupt
If debts are piling up and creditors are harassing you for payment, then declaring yourself bankrupt is one way to…
What Is Bankruptcy?
If an individual is facing personal financial difficulties, they have the option of declaring bankruptcy. Bankruptcy can offer individuals a…
What Happens When A Charity Goes Into Administration?
Charities facing financial difficulties could find themselves thrown into administration in an effort to survive and continue pursuing their charitable…
When Should A Charity Declare Insolvency?
Charities have noble aims and pursue worthy causes, but unfortunately, they are also at the mercy of market forces, economics,…
What Is The Process Of Liquidation For A Charity?
Despite working towards good causes, non-profit charities face the threat of liquidation just as much as profit-driven companies do. Poor…
Why Retailers Are Going Bankrupt?
It’s been a tough year for every sector of the United Kingdom’s economy, but particularly so for the retail sector.…
Complete Guide to Compulsory Liquidation
Compulsory liquidation is a type of formal insolvency proceeding that sees a company being wound up against the will of…
What Are The Obligations Of Charity Trustees?
Charity trustees are responsible for overseeing the running of a charitable organisation. Ultimately, they’re responsible for the success or failure…
Do Charities Need To Be Audited?
It’s important that a charity remains transparent because, despite their similarities to traditional businesses, charities answer to the generosity of…