Creditor support services

We provide representation at creditor meetings free of charge. We act for several organisations to provide robust solutions which may increase the likelihood of recovery at no additional cost and a dividend being paid to unsecured creditors at the earliest opportunity.

• Are you owed money by a Company which has been liquidated?
• Have you received a Notice of appointment from an Insolvency Practitioner (IP) regarding a client who owes you money?
• Have you been trying get an update on when you will receive an update, report or even any distribution from the liquidation process?
• Have you tried to contact the Insolvency Practitioner but there has been no response?
• Are you confused by jargon and legislation?
• We can provide support and advise to creditors so that you are kept fully informed and reduce your administrative burden.
• Our advice and support are clear, consistent and concise. A no BS approach!

We can help with

• Represent you at Creditors’ Meetings and prepare a report on the outcome. Also, deal with your concerns prior to attending the meeting so that these points can be raised with the IP and directors.
• Research and review all aspects of ANY insolvency process.
• Provide you with simple guidance and explain your rights in a way so that you have clear advice in relation to whether to expect any money back from the liquidation or not.
• Tell you as soon as possible if there no likelihood of a return to creditors to enable you to claim your VAT bad debt relief on the invoices in question.
• Deal with the completing, of all forms – Proxy, proof of debt, any other paperwork which is required to be dealt with and file them with the Insolvency Practitioner.
• Monitor the case on a regular basis together with chasing up the distribution process (If any)
• A two-hour complimentary business review on the effect of the bad debt on your company.
• Deal with any Retention of Title claim if you have supplied goods and the invoices have not been paid. We can manage the whole process from dealing with any third parties and recover the goods or the monies outstanding.
• If you feel that the directors have behaved in a way which warrants an investigation then we can carry out investigations into various transactions of either fraudulent trading, wrongful trading, unlawful dividends, asset tracing and the recovery of voidable dispositions.
• We have a panel of advisors who we partner with internationally, Solicitors, accountants, private investigators amongst many other who would assist in ensuring the recovery of any outstanding debtors.

Next steps If you want to find out anything further about this topic then please feel free to call me on 0330 236 9930, 0330 236 9938 or 07961 116321. All conversations will be in strict confidence. You can also email me vee@navigatebr.com.

This article is for information and interest only. It is not a substitute for full professional advice, which will take in to account the specific and individual circumstances. Navigate Business Recovery Limited cannot accept any responsibility for any loss arising as a result of any person or organisation acting or refraining from acting on any information.