Insolvency Practitioners in Bolton

T H Financial Recovery is proud to announce that we have now opened an office in Bolton. T H Financial Recovery work with both individuals and businesses in financial difficulty. If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we

By |2020-10-03T14:36:30+00:00September 6th, 2018|Blog|0 Comments

Liquidation and Administration may be on the rise again

The economic upturn predicted by the Bank of England envisaged is not bearing fruit, according to experts. With that economic "bounce-back" now looking unlikely, the possibility of an interest rate rise in the immediate future has receded, which in turn has weakened the pound. Source BBC Business News T H Financial Recovery appreciates that personal

By |2020-10-03T14:36:31+00:00June 20th, 2018|Blog|0 Comments

Burnley & Leyland Insolvency Experts offer free Debt & Business Advice

T H Financial Recovery work with both individuals and businesses in financial difficulty.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Give us a call to arrange a FREE, no obligation consultation.  We handle both informal and formal

By |2020-10-03T14:36:32+00:00January 30th, 2018|Blog|0 Comments

Interest only mortgagees must have long term repayment strategy

Almost 20{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} of mortgage holders possess interest-only home loans, which means they would need savings or other funds to repay the capital element of the loan once the interest only term comes to an end. Interest only deals enable borrowers to pay off accruing interest only, thereby keeping the monthly commitment to a minimum.  However

By |2020-10-03T14:36:32+00:00January 30th, 2018|Blog, News|0 Comments

Insolvency Service update

Reports show that the Insolvency Service is clamping down on individuals who seek to deliberately dispose of their assets in order to avoid repaying creditors.  Unfortunately, as Insolvency Practitioners who act as Trustee in Bankruptcy cases and Liquidator of Corporate cases, this is something we see far too often. Independent research has identified a 24

By |2020-10-03T14:36:32+00:00January 26th, 2018|Blog|0 Comments

Carillion subcontractor? Insolvency Experts offering advice and support

As you will be aware, construction giant Carillion was forced into liquidation this week.  But if you have a contract or are owed money by Carillion, what does that mean for you?  What are your rights and entitlements? If you are unsure of your legal rights and require expert insolvency advice, or simply some to

By |2020-10-03T14:36:33+00:00January 20th, 2018|Blog|0 Comments

Credit culture to mostly affect young people

Amid expectation that cheap loans and 0{06aeb1921e0b802d2bd9c766bc98fb11cc6a46c2b0593ed9c88a0e29cf417a34} credit card transfers could be coming to an end, concerns are that a generation of young people have  developed an over reliance on credit.  This culture, will no doubt expose them to financial difficulty when rates rise, leading to an inability to manage their finances and perhaps in some

By |2020-10-03T14:36:33+00:00December 5th, 2017|Blog|0 Comments

Our Burnley Insolvency Practice experiences surge in Liquidations and Voluntary Arrangement cases

Our Burnley staff are working all hours to keep pace with a huge surge of recent cases, which are principally Liquidations and Company Voluntary Arrangements. We've all had to "up our game" to stay on top of statutory deadlines, maintain best practice standards and firm procedures. Luckily our personnel are flexible, hardworking and very experienced,

By |2020-10-03T14:36:33+00:00May 14th, 2017|Blog, News|0 Comments

Creditors Voluntary Liquidation takes centre stage

Latest statistics from the Insolvency Service show that corporate insolvencies during 2016 were 16,502, nearly 13 percent up year on year. It may be hard to believe but many economists are of the view that an increased number of insolvencies is a sign of economic growth. The Insolvency Service report shows that the majority of corporate insolvencies (11,900)

By |2020-10-03T14:36:34+00:00February 16th, 2017|Blog|0 Comments

Individual Voluntary Arrangements increase in 2016

Approximately 90,000 people entered formal insolvency during 2016.  This is the first time we have seen an annual increase since 2010. The figures include 49,745 Individual Voluntary Arrangements, which is an increase of 23 percent year-on-year.  IVAs were the main driver of the annual rise though an overall bounce in IVA levels since a low point

By |2020-10-03T14:36:34+00:00February 13th, 2017|Blog|0 Comments

Brexit leads to increase in Administrations

According to a recent report circulated by KPMG, the number of Administrations in the UK has grown in the 6 months post the vote to leave the EU. The first six months of 2016 had seen a decrease, compared to the same period a year earlier, yet by the end of 2016, total figures reached

By |2020-10-03T14:36:34+00:00January 30th, 2017|Blog|0 Comments

Insolvency, inc Liquidation, Bankruptcy, IVA & CVA advice in Burnley

Free Insolvency advice - with a Licensed Insolvency Practitioner - in Burnley T H Financial Recovery help individuals and businesses in financial difficulty. Give us a call to arrange a FREE, no obligation consultation.  We handle both informal and formal insolvency work, including: Business Assessment and Restructuring, New Funding Options, Creditor negotiation and time to

By |2020-10-03T14:36:34+00:00January 17th, 2017|Blog|0 Comments

IP at our Burnley office appointed Liquidator of local engineering company

Jonathan Taylor, Insolvency Practitioner at T H F R, was appointed Liquidator of M&L Tooling Limited at a meeting of shareholders held on 13th December 2016.  M&L Tooling was a long established, local business specialising in the manufacture of bespoke products. It's disappointing to witness well respected, local family businesses struggling, but again reminds us

By |2020-10-03T14:36:34+00:00January 13th, 2017|Blog, News|0 Comments

Burnley Debt Advice

T H Financial Recovery assists both individuals and businesses in financial difficulty.  If you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Give us a call to arrange a FREE, no obligation consultation.  We handle both informal and formal insolvency work, including: Business Assessment and

By |2020-10-03T14:36:34+00:00December 16th, 2016|Blog|0 Comments

Burnley Insolvency Practitioners

T H Financial Recovery help and advice individuals and businesses in financial difficulty.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Give us a call to arrange a FREE, no obligation consultation.  We handle informal and

By |2020-10-03T14:36:34+00:00December 6th, 2016|Blog|0 Comments

Free debt advice for businesses in Burnley

T H Financial Recovery understands that personal debt can cause significant stress and worry turn.  Individuals and businesses alike are often faced with difficult decisions when problems occur. It's therefore imperative that you obtain advice from regulated professionals on all the options available. T H Financial Recovery holds a free debt clinic, allowing individuals ad

By |2020-10-03T14:36:34+00:00December 5th, 2016|Blog|0 Comments

IVAs and Personal Insolvency

Individual insolvencies in the 3rd quarter of  the year has increased almost 20 percent, compared to the same period in 2015, according to the Insolvency Service. In excess of 24,000 personal insolvencies were recorded during the 3 months ending September 16.  The Insolvency Service confirm that this is principally due to a rise in individual voluntary arrangements

By |2020-10-03T14:36:35+00:00November 18th, 2016|Blog, News|0 Comments

Burnley Insolvency Practice

T H Financial Recovery help individuals and businesses in financial difficulty.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Contact me  to arrange a FREE, no obligation consultation. J Taylor - Insolvency Expert  

By |2020-10-03T14:36:35+00:00November 16th, 2016|Blog|0 Comments

Changes to Insolvency Rules

The Insolvency regime will see fundamental changes when the redrafted Insolvency Rules  are introduced in April next year. The current rules were created in 1986, and whilst amendments have been made over the last 3 decades (28 in total), they are now clearly in need of restructure. These changes are designed to consolidate the Rules,

By |2020-10-03T14:36:35+00:00November 10th, 2016|Blog, News|0 Comments

Free Insolvency Advice in Preston

T H Financial Recovery helps individuals and / or businesses in financial distress.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Give us a call to arrange a FREE consultation.  We undertake informal and formal insolvency

By |2020-10-03T14:36:35+00:00November 9th, 2016|Blog|0 Comments

Insolvency advice Burnley

T H Financial Recovery helps individuals and / or businesses in financial distress.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we can help. Give us a call to arrange a FREE consultation.  We undertake informal and formal insolvency

By |2020-10-03T14:36:35+00:00November 8th, 2016|Blog|0 Comments

T H Financial Recovery represented at Burnley Expo

Insolvency Practitioners and Business Turnaround at the Burnley Business Expo   The team out and about!!       T H Financial Recovery work with both individuals and businesses in financial difficulty.  If your business is facing problems and you need advice on the options available, such as new funding, business restructuring or help with insolvency, we

By |2020-10-03T14:36:35+00:00October 25th, 2016|Blog, News|0 Comments

Insolvency Advice at our Burnley clinic

Insolvency In Burnley & Preston T H Financial Recovery provides insolvency advice FREE OF CHARGE throughout the UK, the bulk of our work being to the North West.  With genuine offices in both Burnley and Leyland, free consultations are available with one of our team at a time and location to suit you. Both Business and

By |2020-10-03T14:36:35+00:00October 17th, 2016|Blog|0 Comments

Free debt advice from Licensed Insolvency Practitioners

The team at T H Financial Recovery understands that personal debt is extremely stressful and is sometimes considered embarrassing.  Individuals are often faced with difficult decisions when problems occur, it is therefore vital you receive advice from regulated professionals on all the options available to you. T H Financial Recovery is therefore starting a free

By |2020-10-03T14:36:35+00:00October 10th, 2016|Blog|0 Comments

Insolvency advice and solutions in Burnley

T H Financial Recovery provides insolvency advice FREE OF CHARGE throughout the UK, the bulk of our work being not not exclusively to the North West.  With genuine offices in both Leyland (nr Preston), and Burnley, free consultations are available with one of our team at a time and location to suit you. Both Business and

By |2020-10-03T14:36:35+00:00October 7th, 2016|Blog|0 Comments

Economic uncertainty, when will we recover?

Following the onset of the economic downturn in mid 2008, I'm not sure whether many were initially aware of the extent to which the economy would stall and struggle to recover. The fundamental reason for the crash , in my view, is a combination of reckless lending over a number of years (involving little or

By |2020-10-03T14:36:35+00:00September 29th, 2016|Blog|0 Comments
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