Small UK Businesses to consider insolvency to escape COVID loans
Posted in CCJ, CCJs Issued, Churchill Recovery, Debt Collection, Debt Collection Agencies, Debt Collection Company, Debt Recovery, Debt Recovery Processes, Late Paying Client, Late Payment, Late Payment Policy, Overdue Debts, Payment Plan, Payment Terms, Recover Payments, Recover Your Debts, Service Charge, Service Charge Dispute, Small Businesses
An article from The Financial Times has revealed that small businesses in the UK are seeking advice on ways to escape dangerous levels of debt built up in government-backed loans during the Covid-19 pandemic, with some considering prepack administrations. Begbies Traynor, the listed restructuring company, said its analysis showed more than half of UK businesses…