Debt firm faces winding up order
A BOLTON-based debt management firm faces being wound-up by the high court, following an investigation by the Insolvency Service.
A petition to wind up 123 Finance Ltd in the public interest was presented to the court, following an investigation carried out by the company investigations directorate of the Insolvency Service.
An official receiver has been appointed provisional liquidator of the company to protect its client’s interests, pending the determination of the petition.
The petition will be heard on June 1.
