In 1999 the Post Office introduced software called Horizon which was used for transactions and accounting etc.
Sub-postmasters soon realised there was anomalies in the software which was causing their accounting to be wrong.
Hundreds of sub-postmasters were convicted of theft and some even went to prison, many were declared bankrupt.
Campaigners have now won a legal battle to have their convictions reconsidered as it has been proved that the Horizon software was flawed.
In 2019, the Post Office finally admitted it got things wrong and agreed to settle with 555 claimants, in addition it agreed to pay £58m in damages, £12m of which went to the sub-postmasters, the rest went in legal fees.
The Official Receiver wants to hear from anybody who may have been affected and they are asked to contact the Insolvency Service via Horizoncases@insolvency.gov.uk.
For more information on bankruptcy, liquidation, administration and all the other insolvency procedures, or should you or your company be facing financial difficulties and you need to chat, please telephone Stella Flemmings on 01377 257788 and she will make you an appointment with one of our insolvency professionals at our Driffield, Hull, Grimsby, Scunthorpe or York offices. Our initial meetings are free and without obligation. Meetings can be held virtually or in any of our offices whilst observing the socially distancing guidelines.
Because we are an independent insolvency practice, we keep our overheads low and have put systems in place to deal with simple liquidations at an affordable price of from £1,995 + VAT + Disbursements. Our MVLs are from £995 + VAT + Disbursements.
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