Financial insecurity needs to be dispersed with and any reluctance to face these problems head on can result in rising problems.
Insolvency is the condition that an enterprise or individual enters when they are not capable to pay their debts. When a business becomes insolvent, this means that their debts are greater than the value of their assets and income. In effect, insolvent persons are not able to pay back money payable. It is likely for a enterprise to be insolvent even if their possessions outweigh their liabilities if the assets are not easily converted to cash needed in order for the enterprise to make the essential expenditures. When a individual becomes insolvent, this is usually recognized as ‘bankruptcy’ and came under an totally different set of rules and essential actions. Once you recognize that your company’s insolvent, you should contact with a licensed insolvency solicitor such as MCR Solicitors immediately. We can explain the process, as well as your rights and tasks moving forward. We work with clients in diverse sectors and are used to collaborating closely with other specialists who might be involved, such as accountants, insolvency practitioners, values and finance providers. So as well as being approachable and sensitive to the challenges you face this means we are ideally placed to advise you on issues.
Written off the debt
If you fail to make payments or meet the necessary obligation of your business such debts payable. Writing off a debt allows to report it as a damage and decrease its tax obligation. But it does not remove your obligation to pay the debt it is not easy to convince creditors to give up their ability to collect a debt you owe to them and decide to write off their debt. Our debt Written off service can help eliminate the time, stress and inconvenience of debt written off for your business. It can help free up internal resources allowing you time to focus on other important aspects of your business. MCR Solicitors is an expert UK full service law firm. We deliver all of our clients with cost operative, industry leading lawful advice. The team at MCR Solicitors brings with it in depth knowledge and a wealth of experience of dealing with a range of complex legal matters.
Deal with debit collector
If you have an account in collection position but can’t have enough money to pay the balance in. If you can’t get the collector to agree to accept a lower amount, you may be capable to work out a procedure to pay off the debt in many repayments. Our debt recovery and collection service can help eliminate the time, stress and inconvenience of debt recovery for your business. It can help free up internal resources allowing you time to focus on other important aspects of your business. MCR Solicitors expert team work with businesses of all sizes and we help effectively recover debts of all sizes on a monthly basis. Let us take care of your debt and allow you to focus on the future success of your business. Our specialist will support you work-out a payment explanation that supports you take care of the debt collection.
Bankruptcy is a type of insolvency and is usually only appropriate if you can’t pay back your debts in a sensible time. Possessions you own, such as your company stock or car, will typically be sold to pay-off your debts. You may be able to avoid being made bankrupt by your creditor but you’ll have to act within set time limits and according to certain procedures. MCR Solicitors expert team work with businesses of all sizes and we help effectively stops bankruptcy. Let us take care of your bankruptcy and allow you to focus on other aspects success of your business. Our specialist will support you work-out a payment explanation that supports you take care of the debt collection. Bankruptcy is a serious process, before making any steps towards bankruptcy please contact MCR Solicitors for help and advice on the alternatives which may be available to you and which could prevent bankruptcy.
Rehabilitation after debt
Unpaid debts grip-up your business, disturbing cash flow creating doubt and possibly stopping payment of your staff, spoiling your repute. It’s vital for any business to make sure that persons you trade with do so on your term and conditions. For debt recapture information that’s custom-made to your business, call MCR Solicitors for skilled services. The debt recovery team at MCR Solicitors is fast, efficient and get the results you need. MCR Solicitors is an expert full service law firm. We deliver all of our clients with cost operative, industry leading lawful advice. The team at MCR Solicitors brings with it in depth knowledge and a wealth of experience of dealing with a range of complex legal matters. Our debt recovery team handles complex claims skillfully and efficiently and will also guide more carefully on business debt recovery.
Spouse Visa applications are complex. It is best to consult an immigration specialist before you apply. Before you submit your application, you will need to make sure you meet the required requirements.
Fill out the appropriate forms and gather your evidence to submit. These forms should be comprehensive and show that you are serious about your relationship.
Also, you must not book travel until you have received a decision by the Home Office.
MCR Solicitors is a reputable law firm with a track record of successful cases. Our lawyers are also highly skilled in this area. For professional advice and no obligation, contact MCR Solicitors online.
No, you do not have to meet the English language requirement and financial requirement for extension of spouse visa under 10 years route.
The most common reasons for refusal of spouse visa renewal under 5 years route include the following:
Your spouse’s or partner’s income can not be considered as part of your financial obligation unless they are legally allowed to work and live in the UK. The financial requirement can then be calculated based on household income.
Contact our team if you have any questions about how the law has changed in recent years.
You can appeal against a letter stating that your Spouse Visa has been denied. You will be informed by your letter of refusal if you are eligible for appeal. If you are eligible, you can submit additional evidence.
You will need to quickly appeal the decision or apply to another permit if you’re already in the UK. Avoiding the temptation to extend an expired status in immigration can lead to serious problems.