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http://boothinsolvency.co.uk/about-us/meet-the-team/ WebMay 11, 2024 · We are independent, qualified and experienced insolvency practitioners, offering restructuring and recovery advice to companies and individuals in financial … WebJan 29, 2024 · Insolvency is a state of economic distress, whereas bankruptcy is a court order that decides how an insolvent debtor will deal with unpaid obligations. That usually involves selling assets to pay the creditors and erasing debts that can’t be paid. Bankruptcy can severely damage a debtor’s credit rating and ability to borrow for years. bobby allison cars