Nationwide - Confidential - Impartial - Experienced
JT Maxwell is delighted to announce its sponsorship deal with boxer, Lewis Crocker in his upcoming fight on the 6th August at the SSE Arena in Belfast. The unbeaten welterweight has been added to the massive Michael Conlan bill set. Crocker hasn't fought since...
As a business owner, few words or phrases carry the power to send a chill down your spine quite like insolvency. Tax audit, maybe. VAT filings - perhaps. But as much as anything to do with tax administration is widely dreaded across the business world, insolvency...
It’s easy to feel lost and hopeless when struggling with personal debt. There’s no easy way out, no magic wand. Your creditors want their money, you don’t have it. What you owe is more than you have coming in. Whatever angle you look at it from, it doesn’t look any...
When a company runs into difficulties paying its debts, its relationship with creditors can go down one of two routes. On the one hand, things can become hostile and combative. Disgruntled at not receiving their money as agreed, creditors can choose to take...
We knew it was coming. It was no secret how hard the COVID-19 pandemic hit tens of thousands of businesses across the UK. But propped up by the furlough scheme, bounce-back loans and other forms of financial support, the UK at least avoided a devastating wave of...
When it comes to personal debt, you’ll often hear warnings about being careful who you borrow money from. But unfortunately, it isn’t always just unscrupulous lenders and loan sharks you have to be careful of. It’s important to be sure who you’re turning to for debt...
Realistically, we all knew that the financial aftershocks of COVID-19 would be felt long after the pandemic itself was brought under some kind of control. And so it is that we find ourselves teetering on the edge of recession - inflation at a 40-year high of 9%,...
The recent bankruptcy case of Boris Becker was one of the most high-profile in recent memory. Following a saga stretching back five years, the former tennis ace was jailed in April for offences relating to the non-disclosure of assets. So what exactly did the German...
Liquidation is the name given to the formal process of shutting down an insolvent company. When a company is liquidated, it ceases trading, it is struck off Companies House register, and its assets are sold. The proceeds are then distributed among creditors to pay...
Company administration tends to attract negative headlines. We saw as much with the recent case of convenience store chain McColl's. On entering administration, the press focus was largely on the threat to the livelihoods of its 16,000 employees and the risk of...