Guides for creditors and directors, and where to find the current editions.
Our Guides for Creditors
These are kept current and describe the procedure as it actually runs now, including how creditors are asked to make decisions.
- Creditors’ Voluntary Liquidation — how a CVL is started, and how creditors decide who acts as liquidator
- Compulsory liquidation — what happens after a winding-up order, and where creditors rank
- Administration — the statutory objectives, and what they mean for an unsecured creditor
- Bankruptcy — the personal insolvency equivalent, from a creditor’s petition or the debtor’s own application to the adjudicator, through to discharge
- Company Voluntary Arrangements and Individual Voluntary Arrangements — when an arrangement is worth more to creditors than a liquidation
Office-Holder Fees
Creditors are entitled to information about how an office-holder’s fees are fixed and what they cover. Where we are appointed, that information comes to you as part of the case, in the form the Insolvency Rules require. If you are a creditor in a case we are handling and you want the current fee guidance for that procedure, ask us and we will send it.
If you are a creditor and you are not sure where you stand, call us on 0208 444 3400.