Business dissolved and restarted using same website..
Discussion
johnfm said:
This happens because nobody other than the creditors gives a toss.
Insolvency practitioners don't care - as long as they get their fees. In fact, the more dodgy company owners they allow to phoenix and f
k creditors over, the more revenue they make - as those skilled in the art of ripping off their suppliers sometimes make a habit of it.
So, once the friendly insolvency practioner makes his £10k-£100k writing letters and counting things, who else is going to do anything? Companies house? Unlikely. Who is going to take civil action? Nobody.
It is a charter for the dodgy to take the piss - which is a shame as you do need a sensible system for dealing with genuine bankruptcies..
The Insolvency Service should look at this, but since "the cuts" (which everyone on PH thinks haven't affected anything) it barely exists any more - and it wasn't a big organisation to start with.Insolvency practitioners don't care - as long as they get their fees. In fact, the more dodgy company owners they allow to phoenix and f
k creditors over, the more revenue they make - as those skilled in the art of ripping off their suppliers sometimes make a habit of it.So, once the friendly insolvency practioner makes his £10k-£100k writing letters and counting things, who else is going to do anything? Companies house? Unlikely. Who is going to take civil action? Nobody.
It is a charter for the dodgy to take the piss - which is a shame as you do need a sensible system for dealing with genuine bankruptcies..
Sheepshanks said:
johnfm said:
This happens because nobody other than the creditors gives a toss.
Insolvency practitioners don't care - as long as they get their fees. In fact, the more dodgy company owners they allow to phoenix and fk creditors over, the more revenue they make - as those skilled in the art of ripping off their suppliers sometimes make a habit of it.
So, once the friendly insolvency practioner makes his £10k-£100k writing letters and counting things, who else is going to do anything? Companies house? Unlikely. Who is going to take civil action? Nobody.
It is a charter for the dodgy to take the piss - which is a shame as you do need a sensible system for dealing with genuine bankruptcies..
The Insolvency Service should look at this, but since "the cuts" (which everyone on PH thinks haven't affected anything) it barely exists any more - and it wasn't a big organisation to start with.Insolvency practitioners don't care - as long as they get their fees. In fact, the more dodgy company owners they allow to phoenix and f
k creditors over, the more revenue they make - as those skilled in the art of ripping off their suppliers sometimes make a habit of it.So, once the friendly insolvency practioner makes his £10k-£100k writing letters and counting things, who else is going to do anything? Companies house? Unlikely. Who is going to take civil action? Nobody.
It is a charter for the dodgy to take the piss - which is a shame as you do need a sensible system for dealing with genuine bankruptcies..
s have been doing this st for decades aided and abetted by the insolvency industry. You ever met a poor insolvency practitioner??Gassing Station | Business | Top of Page | What's New | My Stuff