Insolvency services for sale

There seem to be some rather unhappy insolvency practitioners at the moment bemoaning the low levels of insolvencies – yes, unhappy because more businesses and individuals are, apparently, remaining financially stable – with the prospect of an ‘insolvency tsunami’ having passed, and speculating when an ‘uptick’ (and other such positive terms) in the ‘insolvency market’ […]

Trustee “entirely blameless” in his dealings with a mentally infirm bankrupt

While there is now greater training available in dealing with those suffering mental illness for professionals working in debt counselling and bankruptcy,[1] it remains the case that no-one should be making a medical diagnosis or offering any purported medical advice.  In a recent decision, a woman who had been made bankrupt claimed that her trustee […]