Hardly has one season finished, hardly has the joy and despair of the promotion, relegation and cup final battles abated before it’s time to kick off again!

The 2015/16 football season starts on the weekend of 7/8 August. In the giddy heights of the Premiership it remains to be seen whether newly promoted Bournemouth Watford and Norwich have what it takes to play with the big boys both on and off the field. It’s Bournemouth’s first time in the Premiership, Watford’s first appearance for 8 years and Norwich are the bounce back team after being relegated in 2014. 

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From October 2015 the level of debt at which a creditor is able to petition for an individual’s bankruptcy is set to rise from the current level of £750 to £5,000.

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We are pleased to announce that Sam Talby, Licensed Insolvency Practitioner, Chartered Certified Accountant and Accredited Mediator has joined us at partner level and here he explains his career to date and his ambitions and aims within PCR.

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It seems that there has been a meaningful prosecution of directors involved in the PPI and unlicensed financial advice sector, with the three directors of Consortium Technology Ltd (“Consortium”) being disqualified for a combined period of 26 years.

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Following a consultation process by the Insolvency Service, the Government has announced that from 1st October 2015, the minimum threshold for creditors' bankruptcy petitions will rise from £750 to £5000 and that the maximum level of debt in respect of which a Debt Relief Order (DRO) can be sought will rise from £15,000 to £20,000.

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