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High Fees, Low Value: Who Really Benefits from Insolvency?

High Fees, Low Value: Who Really Benefits from Insolvency?

by Paul Brindley | May 28, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly

Insolvency is expensive. But for most of the people involved, it’s not valuable. Let’s be clear from the start: insolvency costs money. But the real question – the one most IPs avoid – is this: Who actually gets any benefit in return? Because...
Drowning in Complexity: Why the Insolvency Profession Risks Losing Its Purpose

Drowning in Complexity: Why the Insolvency Profession Risks Losing Its Purpose

by Paul Brindley | May 1, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly

40 Years in Insolvency – Now Let’s Talk Honestly: Drowning in Complexity: Why the Insolvency Profession Risks Losing Its Purpose This year marks 40 years since I joined the insolvency profession. I’ve had the privilege of helping thousands of directors,...
Insolvency Has an Identity Crisis. It’s Time We Asked Who Belongs Here.

Insolvency Has an Identity Crisis. It’s Time We Asked Who Belongs Here.

by Paul Brindley | Apr 24, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly

Because technical competence isn’t enough – and hasn’t been for years. The insolvency profession prides itself on being professional – but from the outside, it still too often looks like a cowboy industry. Too often, we confuse having a licence, or working...
Who Pays When There Are No Assets in a CVL? The Ethical Dilemma Facing Insolvency Practitioners

Who Pays When There Are No Assets in a CVL? The Ethical Dilemma Facing Insolvency Practitioners

by Paul Brindley | Apr 21, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly

In December 2024, the Insolvency Service released a landmark research report into Creditor’s Voluntary Liquidations (CVLs), which pulled back the curtain on how these insolvencies are really being carried out on the ground. You can read the full report here:👉 CVL...
Ethics, Commissions, and Insolvency: A Call for Integrity and Professionalism

Ethics, Commissions, and Insolvency: A Call for Integrity and Professionalism

by Paul Brindley | Apr 19, 2025 | 40 Years in Insolvency - Now Let's Talk Honestly, Advice to Directors, Alternatives to formal insolvency, VAi

In the intricate world of insolvency, where financial distress meets professional responsibility, the ethical compass guiding Insolvency Practitioners (IPs) and accountants is paramount. The payment and receipt of commissions, particularly introductory fees, have long...
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