Traditionally we have always received the most calls in the month of January from accountants and solicitors asking how their clients should deal with creditor pressure. This January is proving no different. What is significant about January is that there is usually more creditor pressure from the tax authorities as a result of the VAT liability for November/December becoming payable combined with the balancing…
I set out below a chart that shows the number of High Court Summary Summons issued by the major banks and vulture funds in 2010 and the projected number for 2016. 2010 2016 ACC 266 80 AIB/EBS 716 1,140 BOI/ICS 1,314 520 Bank of Scotland 124 0 Cabot 34 130 Anglo Irish Bank …
