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Archive 30.7.15

The Guardian: Bankruptcy rates at lowest level for 15 years; 29 July 15

Archive 30.07.2015

Carter Backer Winter Insolvency Practitioner and partner, Carl Bowles, was quoted in The Guardian on 29 July 2015 in response to the latest Insolvency Service statistics. He said: “The anticipated and long-awaited rise in interest rates is very likely to result in a reversal of the current downward trend in both personal and corporate insolvencies. The impact of the increase in the cost of money historically takes a number of quarters to take effect. However those on the margin are likely to be unable to service their debts following a rise.” The full article can be viewed here.

Carl Bowles Partner d: +44 (0)20 7309 3930 click to email View profile on LinkedIn

Carl has broad experience in rescues, recoveries and insolvencies. He joined CBW as a Director of Insolvency in 2010 and was made a Partner in 2012. He has extensive experience in commercial insolvencies including: Administrations (including pre-packs), Receiverships, Creditors, Members and Compulsory Liquidations and Company Voluntary Arrangements. Carl also deals with more complex personal insolvencies. Carl is a Licenced Insolvency Practitioner but also has an LLB Degree in Law and Accountancy and a LLM Master’s in Commercial Law.