The High Court has approved a Personal Insolvency Arrangement allowing a sales assistant write off more than 1.1 million of debt owed mainly to financial institutions. Mr Justice Alexander Owens approved a PIA which will allow 52-year-old Fergal Shine, with an address at Waterville, Bealnamulla, Athlone, Co Roscommon, to return to solvency. The court heard…
A Co Roscommon man has had 1.1m debts written off for 857 under a personal insolvency arrangement approved by the High Court. Fergal Shine will be left with his family home at Waterville, Bealnamulla, Athlone, Co Roscommon currently valued at some 245,000 with an outstanding mortgage balance of some 362,000. Judgment mortgages obtained by some…
By David Milliken LONDON (Reuters) -Company insolvencies in England and Wales last month jumped 40% year on year to the highest level since monthly records began in January 2019, government data showed on Friday. In May, 2,552 companies were declared insolvent, overwhelmingly through creditors’ voluntary liquidations, in which a company’s directors agree to wind up…
The Insolvency Service Published 16 June 2023 Contents 1. Main Messages for England and Wales 2. Things you need to know about this release 3. Company and Individual Insolvencies in England and Wales 4. Company Insolvencies in Scotland 5. Company and Individual Insolvencies in Northern Ireland 6. Data and Methodology 7. Glossary Print this page…
A billionaire bungalow tycoon has been plunged into a bankruptcy row amid allegations of a trail of unpaid debts. Robert Bull, who recently sprang from nowhere to be named among Britains wealthiest individuals, has had part of his property empire placed into administration by one of the countrys biggest listed private equity investors, the Telegraph…
The Insolvency Service Published 16 June 2023 Contents 1. Data Sources 2. Methodology 3. Revisions 4. Quality Print this page Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National…
Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019. Data from the Insolvency Service yesterday showed that 2,552 companies were declared insolvent last month, overwhelmingly through creditors voluntary liquidations, in which a companys directors agree to wind up the…
By David Milliken LONDON (Reuters) -Company insolvencies in England and Wales last month jumped 40% year on year to the highest level since monthly records began in January 2019, government data showed on Friday. In May, 2,552 companies were declared insolvent, overwhelmingly through creditors’ voluntary liquidations, in which a company’s directors agree to wind up…
Company insolvencies in England and Wales last month rose by 40 per cent year-on-year to the highest level since monthly records began in January 2019. Data from the Insolvency Service yesterday showed that 2,552 companies were declared insolvent last month, overwhelmingly through creditors voluntary liquidations, in which a companys directors agree to wind up the…
Company insolvencies in England and Wales jumped 40 per cent in the year to May, fresh government data reveals. Some 2,552 companies were declared insolvent in May, up from 1,825 a year ago and the highest level since records began in January 2019, according to the Insolvency Service. They also increased from the previous month,…