Debbie Cockerton currently writes monthly articles for the Independent Certified Practising Accountant (ICPA) newsletter covering all insolvency areas.
Copies of these articles can be found below.
Should you require any further information on any matters discussed in these articles please do not hesitate to contact us.
In the wake of economic turbulence, the recent surge in insolvency numbers, both for individuals and companies, signals a concerning trend that warrants attention. According to recent data released in February, the total number of individual and company insolvencies has seen a notable rise, painting a picture of financial strain and instability within various sectors…
The Insolvency Service has recently made significant strides in its efforts to combat misconduct related to COVID-19 relief loans. In a notable development, the service has secured bankruptcy restrictions against individuals involved in fraudulent activities related to pandemic loans, marking a crucial step in the ongoing fight against financial misconduct during the global health crisis.…
The recent news of Katie Price’s ongoing financial troubles has once again highlighted the role and powers of a trustee in bankruptcy. According to a report by the BBC, Price has been ordered to pay 40% of her earnings from the content subscription service OnlyFans to her bankruptcy trustee, shedding light on the extensive authority…
🎉 Exciting News! 🎉 We’re thrilled to announce the launch of our brand new live chat function on our website! 🚀 Now, getting in touch with us is easier and faster than ever before. Whether you have questions, need assistance, or just want to say hello, our friendly team is here to help you in…
On Sunday 25th February 2024, Luke Cockerton of DCA Business Recovery ran the 2024 London Winter run with some other members of Team Carli. Team Carli was set up by the charity The Carli Lansley Foundation and has developed into a brilliant group of runners who run at all levels but who support each other…
In the ever-evolving landscape of business, solvency stands as a critical metric, reflecting a company’s ability to meet its financial obligations in the short and long term. Amidst economic shifts, regulatory changes, and global uncertainties, understanding solvency trends among companies in the UK is paramount for investors, policymakers, and business leaders alike. Let’s delve into…
In the ever-evolving landscape of retail, the UK high street and online spending trends reflect a dynamic relationship between consumer preferences, economic shifts, and technological advancements. Online spending continues to surge, driven by convenience and an expanding digital marketplace. The pandemic accelerated this trend, prompting more consumers to embrace e-commerce for its safety and accessibility.…
As the news hits that we have entered a recession. We thought it would be beneficial to explain what a recession actually is. A recession signifies a prolonged period of economic decline, typified by a contraction in Gross Domestic Product (GDP), heightened unemployment rates, and decreased consumer spending. This economic downturn stems from various factors,…
In the tumultuous world of business, landlords often find themselves caught in the crossfire when their tenants face financial difficulties. When a tenant enters a creditors’ voluntary liquidation, landlords are understandably concerned about their rights and how they will be affected. Here’s a concise breakdown: Rent Arrears: Landlords are entitled to claim rent arrears as…
Solvent liquidations, also known as members voluntary liquidations, refer to the process by which a solvent company chooses to wind up its affairs and distribute its assets among its shareholders. Unlike insolvent liquidations forced by insolvency where the company has run out of cashflow/money, solvent liquidations occur when a company’s directors and shareholders decide that…