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Category Archives: Bankruptcy

Scottish personal insolvency numbers rise – BBC News

BankruptcyBy Insolvency GuardianJuly 25, 2018

Scottish personal insolvency numbers rise 25 July 2018 Image copyright Getty Images The number of personal insolvencies in Scotland rose between April and June, according to new figures. Accountant in Bankruptcy (AiB) reported 3,208 bankruptcies and protected trust deeds (PTDs) during the first quarter of the financial year. The figure was up 11.8% on the…

Inflation forces Scots into serious financial difficulty – The Times

BankruptcyBy Insolvency GuardianJuly 25, 2018

More Scots are falling into serious financial difficulty as inflation and slow wage growth affect household budgets. Figures from the Accountant in Bankruptcy showed more than 3,200 people entered personal insolvency between April and June, a rise of almost 12 per cent compared with the same period last year. The increase followed a 27.5 per…

Bankrupt Braddon candidate won’t withdraw – The Irrigator

BankruptcyBy Insolvency GuardianJuly 25, 2018

A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. Bruno Strangio, He was one of 13…

Scottish personal insolvency numbers rise – BBC News

BankruptcyBy Insolvency GuardianJuly 25, 2018

Image copyright Getty Images The number of personal insolvencies in Scotland rose between April and June, according to new figures. Accountant in Bankruptcy (AiB) reported 3,208 bankruptcies and protected trust deeds (PTDs) during the first quarter of the financial year. The figure was up 11.8% on the same period last year, and 26.6% higher than…

22.5% increase in bankruptcy in West Norfolk – Lynn News

BankruptcyBy Insolvency GuardianJuly 25, 2018

The rate of personal insolvencies in King’s Lynn and West Norfolk has significantly increased over the last two years, official data has revealed. In 2015, 17.6 adults per 10,000 were declared insolvent in the borough, according to Insolvency Service figures. However by 2017 that figure had risen to 21.6, an increase of 22.5 per cent.…

Bankrupt investor Kevin Cash sells £28m mansion – The Times

BankruptcyBy Insolvency GuardianJuly 25, 2018

A bankrupt property investor is hoping to sell his grade II listed mansion for £28 million. Kevin Cash, who built a £500 million global property empire, put North Aston Hall on the market after being declared insolvent at Oxford county court last Friday. The Jacobean-style mansion is set in 194 acres (790,000 sq m) of…

Bankrupt Braddon candidate won’t withdraw – The Irrigator

BankruptcyBy Insolvency GuardianJuly 25, 2018

A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. He was one of 13 candidates across…

Braddon candidate was declared bankrupt – Yahoo7 News – Yahoo News

BankruptcyBy Insolvency GuardianJuly 25, 2018

A Braddon candidate declared bankrupt a decade ago says he won’t pull out from this weekend’s by-election even though he’s likely to be ineligible to sit in parliament. Australian People’s Party candidate Bruno Strangio was declared bankrupt in 2008 – undischarged bankrupts are ineligible to sit in parliament. He was one of 13 candidates across…

Braddon candidate was declared bankrupt – Newcastle Herald

BankruptcyBy Insolvency GuardianJuly 25, 2018

A candidate running in the Braddon by-election was declared bankrupt in 2008 and is unlikely to be eligible to sit in parliament. Court records show Australian People’s Party candidate Bruno Strangio was declared bankrupt a decade ago – undischarged bankrupts are ineligible to sit in parliament. Mr Strangio was one of 13 candidates across five…

12-year ban for Manchester spare parts boss who spent company funds – GOV.UK

BankruptcyBy Insolvency GuardianJuly 25, 2018

Modussur Khan, 32, from Oldham, was the sole director of Manchester Autospares Limited (MAL) throughout the life of the company. The company was incorporated in December 2011 and sold scrap parts for the motor industry from premises in Failsworth, Manchester. The company ceased trading on 3 May 2016 and went into liquidation on 18 May…

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