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Insolvency Service

Improving your credit score

Any organisation or individual requiring credit should be aware of how they will be assessed for credit risk.  One of the tools used by any potential lender or supplier will be the borrower’s credit score also known as a rating.  A borrower may not know what their score is from one day to another but should be aware of how it is assessed and viewed.

Improving your credit score

Any organisation or individual requiring credit should be aware of how they will be assessed for credit risk.  One of the tools used by any potential lender or supplier will be the borrower’s credit score also known as a rating.  A borrower may not know what their score is from one day to another but should be aware of how it is assessed and viewed.

Don't fall for this scam

The Insolvency Service has issued a warning that fraudsters have been contacting investors in insolvent schemes claiming to be from the Official Receiver's office or to have been appointed by the Official Receiver to help recover funds for a fee.

What restrictions are there during bankruptcy?

Once a debtor has entered bankruptcy, he or she has certain restrictions placed on their actions and conduct. Neil Dingley of Moore Recovery Stoke on Trent explains the restrictions on individuals during bankruptcy.

Business in decline? – Signs to prompt early action

There are multiple warning signs before a business becomes insolvent, however, these signs can be easily overlooked. Especially by directors and owners who have a very ‘hands-on’ approach when running their business. 

Insolvency Service clamps down on bankrupt gamblers and speculators

The Insolvency Service is clamping down on individuals who have become bankrupt as a result of ‘gambling, speculation or unnecessary extravagance’.