Debtor Not Paying? Consider a Liquidation Application

"When debtors once have borrowed all we have to lend, they are very apt to grow shy of their creditors' company" (John Vanbrugh) Bad debt is a major issue for many businesses in these hard economic times – not taking robust steps to collect it could be fatal to your own financial position. So if [...]

By |2022-03-03T10:06:47+02:00March 3rd, 2022|Commercial Law, Corporate Law|Comments Off on Debtor Not Paying? Consider a Liquidation Application

Bodies Corporate: Before You Sequestrate to Recover Arrears…

“Bankruptcy - a fate worse than debt” (Anon) One of a Body Corporate’s fundamental duties is to collect monthly levies from the scheme’s members, and to take robust action to recover any arrears. As with any other creditor/debtor relationship however, trying to recover debt can be an exercise in frustration and delay, and the more [...]

By |2021-07-02T11:28:30+02:00July 2nd, 2021|Commercial Law, Corporate Law, Financial, Labour Law, Property Law|Comments Off on Bodies Corporate: Before You Sequestrate to Recover Arrears…
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