In the UK, a licensed insolvency practitioner, or IP, is a legal professional qualified to act on behalf of a company, partnership or individual that is insolvent, or for a solvent company or partnership that is closing down. In most cases, the IP has a background in law, accountancy or as a solicitor. They must …
What is a Licensed Insolvency Practitioner in the UK? Read More »
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 …
What is a Licensed Insolvency Practitioner and What are Their Duties? Read More »
If your company is struggling with a high level of debt and is in need of corporate recovery services, our team of professional, licensed insolvency practitioners at Simple Liquidation are available to discuss your circumstances and advise on the best way forward.
