01902 672323 paul@midlandsbusinessrecovery.co.uk
Licensed Insolvency Practitioner Specialising in Limited Company Insolvencies
  • Company Rescue
  • Company Insolvency
    • Support for Accountants
    • So You’ve Received a Winding-Up Petition… What Happens Next?
    • Process, Legal Consequences and Post-Petition Risk
  • Members Voluntary Liquidation
  • Our Team
  • VAi, your Insolvency Copilot
  • The 6 Lens Review
  • Contact Us
  • Ts & Cs for the Use of VAi
Select Page
Who Gets Paid First in an Insolvency? The Creditor Priority Explained

Who Gets Paid First in an Insolvency? The Creditor Priority Explained

by Paul Brindley | Jul 8, 2026 | Creditor, Supplier and Employee Issues

When directors first see a company’s estimated insolvency position, they often make a perfectly understandable assumption: “The company has £200,000 of assets and owes £300,000, so creditors should receive about 67p in the pound.” Sadly, it rarely works like that. ...

Everything you need to know about Members’ Voluntary Liquidation

by Paul Brindley | Feb 20, 2020 | Advice to Directors, CVLs, MVLs

  What is a Members’ Voluntary Liquidation? A members’ voluntary liquidation (‘MVL’) is a solvent liquidation, one where all creditors are paid in full, and there’s a return to shareholders. An MVL is normally carried out where: A company or group of...

Tell me about English Insolvency Law and Practice

by Paul Brindley | May 6, 2019 | Ethics & Regulation

We have updated our brochure ‘Tell me about English Insolvency Law and Practice’, a summary that you might find of great interest if you are: A director of a company that is in trouble financially A creditor of an insolvent company A supplier to an...

Search Blogs by Category

  • The 40 Questions You Wish You Could Ask About Insolvency
  • Our Core Values
  • Credit Union Insolvency
  • Videos
  • How to use VAi
  • Blog Library
  • Downloads
  • Legal
  • Privacy Policy
  • Sitemap