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Key changes to insolvency rules in April 2017

Modernised insolvency rules will come into force on 6 April 2017; to consolidate all existing rules and amendments from the past three decades and replace the Insolvency Act 1986. We look at the key changes, which should help improve the overall insolvency system.

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Bridgewood is a trading style of Bridgewood Financial Management Limited (Company No: 07130329) and Bridgewood Financial Solutions Limited (Company No: 06957765). Registered Office: Poynt South, Upper Parliament Street, Nottingham, NG1 6LF. Registered in England and Wales.

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Paul Mallatratt (Licence No. 2039) and Louise Freestone (Licence No. 2030) are licensed to act as insolvency practitioners in the UK by the Institute of Chartered Accountants in England and Wales and are subject to their Code of Ethics, available in English at[...]code-of-ethics-d

In carrying out the regulated profession of Insolvency, the firm is subject to the Insolvency Regulations and Guidance Notes at and the Statements of Practice at[...]insolvency-regulations-and-standards