The views expressed in these blog posts are those of the author and not of James Rosa Associates Ltd. The publication of these posts should in no way be taken as an endorsement by James Rosa Associates Ltd.
By Julian Donnelly 27th January 2016 Love it or hate it, nothing seems to polarise opinion quite like the letters “EU”. Since our entry into the European Economic Community (EEC) in 1973, it is a subject which has divided both opinions and indeed political parties ever since. With a referendum on the subject […]
Read moreBy Julian Donnelly 9th October 2015 I wrote back in July that it was seemingly likely that interest rates would go up either by the end of this year or early 2016. It now appears that the markets are not expecting a rate for another year possibly (I believe this was the same last […]
Read moreBy Julian Donnelly 1st October 2015 You may or may not be aware, but as of the 1st October 2015, the minimum debt level required to go bankrupt has been increased from £750 (where it had been since the introduction of the 1986 Insolvency Act) to £5,000. There are those that argue […]
Read more15th September 2015 James Rosa Associates are delighted to confirm that we have renewed our sponsorship of the Harlequins’ tighthead prop for a second season. Collier made his senior Harlequins debut in 2011 during the special LV= Cup match against Wasps in Abu Dhabi and has played for the club on more than 50 […]
Read moreBy Julian Donnelly 9th September 2015 In previous articles, we’ve looked at limited companies and directors liabilities as well as personal guarantees. In this piece, I’d like to look at one of the most common pitfalls directors face – overdrawn director’s loan accounts. For the uninitiated, the director’s loan account is an internal company account […]
Read moreBy Julian Donnelly 27th August 2015 So, you’re the director of a limited company and things aren’t going so well. You decided to close the business, but that’s ok as the debts are the company’s, not yours, right? Unfortunately, this isn’t always the case – there are circumstances where company directors can be held personally […]
Read moreBy Julian Donnelly 29th July 2015 In previous articles, we’ve examined such questions as “Should you go bankrupt?” and looked at issues such as “bankruptcy and your home”. In this article, we should look at another common element of personal bankruptcy (in England and Wales) called Income Payment Agreements/Orders – both ostensibly the same […]
Read moreBy Julian Donnelly 4th August 2015 Now I have your attention, I must stress that this is not representative of the sort of results we frequently get – I find it an interesting case study as it does highlight some interesting points in relation to personal guarantees (PGs) issued by the banks. Generally speaking, banks […]
Read moreBy Julian Donnelly 29th July 2015 In a previous blog, we addressed the question “Should you go bankrupt?”. We looked at some of the common questions/misconceptions about modern personal bankruptcy (specifically in England and Wales) following the introduction of the 2002 Enterprise Act. As the fate of your home is usually by far the […]
Read moreBy Julian Donnelly 24th July 2015 For an individual dealing with unmanageable debt, there are several options out there which can be used to resolve the situation, such as: Looking at the household budget to see where/if savings can be made; Speak to your creditors directly and see what they can do to help; […]
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