How to Find an Insolvency Practitioner

When it comes to finding a find insolvency practitioner, you want to make sure that they are qualified and reliable. It is also important that they understand your business and can give you good advice. This is especially true if you are considering liquidation, administration or a Company Voluntary Arrangement. This is because the insolvency practitioner you choose will be in charge of ensuring that the correct process is followed and that the desired outcome is achieved.

When looking for an insolvency practitioner, you should consider their reputation, communication skills and fees. In addition, you should also check whether they are listed on the government’s Insolvency Practitioner Directory. This will give you their full name, contact details and authorisation number. This is the best way to ensure that you are working with a licensed and qualified insolvency practitioner.

Tips for Finding the Right Insolvency Practitioner for Your Needs

Insolvency practitioners are also subject to regular inspections from their licensing body and they must follow certain guidelines. This means that if they are found to be breaching any of these guidelines, their license can be revoked.

It is always a good idea to find a local insolvency practitioner. This will help you to communicate with them better and will make it easier for you to arrange in-person meetings. In addition, a local insolvency practitioner will be able to respond quickly to any queries you might have. Alternatively, you can use video conferencing to communicate with an insolvency practitioner from a different location.