Alice Stephenson criticises liquidators after £666k director’s loan leads to bankruptcy
A legal influencer has revealed that she has been declared bankrupt due to a “mountain of personal debt,” just a day after announcing the sale of her now-liquidated law firm to another legal business.
Alice Stephenson’s firm, Stephenson Law, went into liquidation in November 2023 with debts at the time exceeding £1.5 million — more than half of which was owed to HMRC in unpaid tax — before transferring its assets to a new outfit, Plume.
At the time, Stephenson told her sizeable LinkedIn following (now nearly 68,000 strong) that HMRC had decided to “call the whole debt in,” forcing the firm into liquidation. While she…