If you are a creditor or director of an insolvent company or a bankruptcy, Oliver Elliot can help you address your claim and concerns arising from the insolvency.
An Insolvency Practitioner is a person who is licensed to assist companies and individuals in financial difficulty.
Insolvency Practitioners can assist those in financial difficulty both in a formal and informal way. Informally an Insolvency Practitioner can provide advice. Formally however an Insolvency Practitioner can be appointed to accept the role of what is known as the office-holder i.e. the person who will in effect take control of the financial affairs of a company or an individual.
What is an Insolvency Practitioner Formal Appointment?
An Insolvency Practitioner can take formal appointments and control in the following types of typical insolvency:
There are other appointments such as Administrative Receivership and Law of Property Act Receiver.