MAURICE POWER LEADS NEW VIDEO ASKING PETERBOROUGH TO #PAYFAIR
Ferguson Financial Solicitors’ Managing Director Maurice Power is continuing his drive to eradicate late payment in Peterborough, through the #PayFair campaign.
COURT COSTS PUT SMES AT A DISADVANTAGE
BIG BUSINESS THE ONLY WINNERS SINCE MOJ CHANGES
Ferguson Financial Solicitors warned today that soaring civil court fees are making the pursuit of justice too expensive for many small firms.
According to the legal firm, banks and other big businesses are increasingly getting away with poor advice and mis-selling financial products.
Large rises in the cost of taking a civil case to court were imposed by the Ministry of Justice in March this year. The Government has since announced further rises – in some cases by as much as 100 per cent.
INSOLVENCY PRACTITIONERS – THE UNSUNG HEROES OF UK BUSINESS
We all read hundreds of reports and news items as part of our daily lives, so it’s quite an experience when one of them makes you stop and think.
One such report came out last week from R3, the Association of Business Recovery Professionals. We work closely with a lot of Insolvency Practitioners, processing PPI claims for clients to help generate funds to repay their creditors. And in the day to day it’s easy to lose sight of the value of this work.
FCA DEADLINE MEANS LOCAL SMEs COULD LOSE OUT
The Financial Conduct Authority (FCA) last week announced its proposal to implement a deadline for claims on Payment Protection Insurance (PPI). But, argues Peterborough commercial law firm Ferguson Financial Solicitors, such a deadline would remove a valuable source of redress for both individuals and businesses in financial crisis.
PROTECTING YOUR SMALL BUSINESS: HOW TO DEAL WITH DEBTS
Recent statistics* show that fifty per cent of invoices owed to small businesses are overdue, and nearly a quarter of SMEs have been pushed into financial crisis by late payments. With small businesses making up 99% of all UK business, these are shocking facts.
POSITIVE CLIMATE FOR NEW BUSINESSES IN PETERBOROUGH
BUT SMES SHOULD BEWARE OF THE IMPACT OF INSOLVENCY
New figures from the Insolvency Service* show that individual insolvencies in Peterborough are on the decline, which is good news for the local economy. In 2014 the rate of insolvencies was 22 people in every 10,000, down from 31 in 2009 and 2010. Generally, however, the rate of insolvencies has increased over the last 15 years. In 2000 the number was just 7 per 10,000.
Ferguson Financial Solicitors make a significant move in the transfer market
Charles Jeffery and Sundip Mapara enjoying the sights at the Etihad Stadium, whilst supporting the Insolvency Practitioners Association’s Personal Insolvency Conference 2014.
Fergsuon Financial Solicitors support the IPA Personal Insolvency Conference 2014
Charles Jeffery and Sundip Mapara ready to meet and greet the Insolvency Practitioners at the Etihad Stadium, Manchester
Ferguson Financial appoint specialist solicitor
Ferguson Financial Solicitors are pleased to announce the appointment of Sundip Mapara to their team supporting the insolvency market.
Sundip qualified as a solicitor in 2010 with Shakespeare Putsman Solicitors (now Shakespeares Solicitors) in Birmingham. Since qualifying Sundip has gone on to work for Coltman Warner Cranston and latterly KW Law LLP, as a solicitor dealing with all aspects of commercial litigation, debt recovery and insolvency.
Ferguson Financial shortlisted in Modern Law Awards 2014
Ferguson Financial Solicitors, the specialist provider of debt recovery and financial compensation claims management to Insolvency Practitioners, has been shortlisted for the “ABS 1-25 employees” category in the prestigious Modern Law Awards 2014.