Today in UK Debt – 09/05/2022

2022 calendar

Post Election Results By now you should know the election results in your area. As they say, it is all over but the shouting. It appears the Tories lost a few seats and position, but the loss is not as high as many expected due to recent events. The BBC has posted early results here. […]

My Business Is In Administration What Are My Options As Guarantor?

Question Hello, I owe £35,000 to various suppliers, credit cards, and business loans, all of which I guaranteed for my company. The company has been placed into Administration as while we are still trading, we cannot afford the debts we have. I am thinking bankruptcy may be my only option here. However, I still need […]

What Is a Phoenix Company?

And out of the ashes I will arise, like a Phoenix, born again, anew! For those who may not know what a Phoenix is, it is a mythological bird that is immortal. The bird regenerates itself, and rise out of a fire or ashes to be reborn. Interesting myth. So what is a Phoenix company […]