Insolvency

Individual Voluntary Arrangements

Individual Voluntary Arrangements – Selling Assets to Pay Off or Clear Debts

If you have debts, chances are you are now being chased by your creditors for payment.  If you are considered insolvent and unable to pay your debts, it may well be worth considering an Individual Voluntary Arrangement (IVA).  Of course, if you own any assets of significant value, you may be able to sell those …

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Insolvency Practitioner

Why Should You Seek the Services of an Insolvency Practitioner? 

A licensed insolvency practitioner, or IP, is a legal professional that is qualified and registered to act on behalf of a company, partnership or individual that is insolvent, or for a solvent company or partnership that wants to cease trading and close down.   They act on behalf of a company or an individual in an insolvency …

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Redundancy Claims Team

What is a Licensed Insolvency Practitioner and What are Their Duties?

For any company struggling with debt or facing insolvency, bankruptcy or administration, the first port of call is a licensed insolvency practitioner, or IP. Despite the title, an IP isn’t there to handle company insolvency liquidations, such as Creditors Voluntary Liquidation (CVL), Company Voluntary Arrangements (CVA) or Compulsory Liquidation. They are also there to help …

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