Blogs

Many people dream of a career that mixes finance and law, but they're not sure where to start. Becoming an insolvency practitioner is one such path. It offers the chance to work closely with businesses in distress, helping them navigate through tough times. An interesting fact is that you must pass the Joint Insolvency Examination […]

Many business owners face tough decisions when their company struggles with debt. One option they might consider is creditors' voluntary liquidation (CVL). This process allows a company to close down voluntarily rather than being forced into compulsory liquidation. A key fact about CVL is that it involves the shareholders of the company agreeing to wind […]

Many business owners and company directors often wonder, "Is liquidation and winding up the same?" This question pops up when a business faces financial trouble. The truth is, while they are related, they are not the same thing. Knowing the difference, along with seeking insolvency advice, can help you decide what step to take next. […]

Encountering insolvency presents a formidable challenge for any business owner or company leader. It occurs when your company is unable to settle its debts punctually. Such a circumstance may lead to severe financial and legal complications. But how is insolvency resolved? Resolving insolvency requires careful consideration of various actions, which may include negotiating with creditors, […]

Facing financial struggles in your company can feel overwhelming. You might hear terms like insolvency and administration thrown around. One fact about these processes: they're both ways to help companies deal with debt, but they work differently. This blog post will explore the difference between insolvency and administration, clearly explaining what each term means for […]

Have you ever wondered what insolvency in business truly means and how it impacts companies? For many business owners, facing insolvency is a daunting challenge where the company’s assets are insufficient to meet its debt obligations on time. In such situations, understanding your options is crucial—and at Nexus Corporate Solutions, we help businesses navigate the […]

Facing financial difficulties? Many businesses struggle. Understanding how long does moratorium last in insolvency is key to finding breathing space. A moratorium offers companies time to restructure without the pressure of creditors chasing them. The Corporate Insolvency and Governance Act 2020 introduced a new standalone moratorium, giving businesses a chance to recover. Our article explains […]

Facing insolvency is a challenging moment for any company. When a company can't pay its debts, it may have to go into liquidation. This raises many questions about what happens next. One key question we commonly receive is, "What happens when a company goes into insolvency?" In this blog, we'll explore the process of limited […]

Facing trouble deciding whether your business is solvent or insolvent can be quite a challenge. Many company directors find themselves in this difficult position, not knowing which path to take for the future of their company. One important fact about this topic is that understanding the difference between solvent and insolvent is crucial for making […]

Business owners and company directors often face the tricky question: is Insolvency the same as liquidation? This confusion can add stress during financial troubles. Understanding this difference plays a crucial role in making informed decisions about your Company's future. Insolvency is a state where a company cannot pay its debts when they fall due, while […]