We have offices in Northampton, Banbury, Coventry, Hitchin, Milton Keynes and Spalding

BRI Business Recovery and Insolvency

We are an independent company of insolvency practitioners committed to finding the right solutions for businesses and individuals in financial difficulty

Monthly Archives: August 2019

Awareness of mental illness among debtors

27 August 2019:  BRI’s staff, including senior members, cashiers and the administration team, have all this month completed a full day of training which was geared to raise awareness of mental health issues amongst debtors. It is reported that people with debt problems are twice as likely to develop mental health problems and debt problems make...
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HMRC cracking down on insolvency process abuse

23 August 2019:  HM Revenue & Customs (“HMRC”) have recently published a policy paper setting out proposed measures aimed at those parties who “unfairly seek to reduce their tax bill by misusing the insolvency of companies”.  This will be achieved by making directors and other persons connected to those companies jointly and severally liable for...
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And they all lived happily ever after…

19 August 2019: We were asked, by an accountant who knows trusts and likes us, to talk with a client who had hit a wrinkle along the road as a result of suing a client for work done and not paid for (at £6,000) who, in response, counter-sued for almost £85k. The client had...
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Let’s take a look at the menu

12 August 2019: A recent rescue enquiry gave our Milton Keynes BRI office opportunity to flex the grey matter with respect to finding a solution to the not uncommon issue of a company having both successful and unsuccessful elements to its business. The particular company ran cafés/restaurants and had two premises. One café was...
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Trying to be too clever

5 August 2019: BRI Business Recovery and Insolvency’s Northampton office dealt with a very unusual bankruptcy estate whereby it took two years for the aggrieved creditor to successfully make the individual bankrupt. It was some effort by the creditor as, when served with the petition, the bankrupt even claimed he was not him and that...
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