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Thread: More councils using bankruptcy orders to chase council tax debt

  1. #1

    More councils using bankruptcy orders to chase council tax debt

    Credit to: Offshore News :

    ‘Council tax debts are now approaching unsustainable levels, and local authorities are no longer able to stand by while defaults continue to mount,’ said Moore Stephens partner, Michael Finch.

    ‘As the economy recovers, local authorities are suffering more and more with ‘serial debtors’ – a hardcore of people who have no intention of paying council tax or clearing their debts. That leaves councils with very few options other than petitioning for them to be made bankrupt.’
    Whats your opinions about this guys?
    Offshore Direct provide legal company formation solutions to optimize your taxes.

  2. #2
    Rather standard (old school) tactic.

    involuntary bankruptcy.
    All rights reserved. Without prejudice. No liability assumed. No value assured.

    "The object in life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane." -- Marcus Aurelius
    "It is the glory of God to conceal a thing: but the honour of kings is to search out a matter." Proverbs 25:2
    Prove all things; hold fast that which is good. Thess. 5:21.

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