A receivership is the general term applied when a person is appointed as a receiver […]
Glossary
Proxy form
A proxy form is a document given to a creditor with the right to vote […]
Proof of debt
Proof of debt is a document submitted by a creditor to the licensed insolvency practitioner […]
Preference
Companies or individuals give a preference if they do something to put a creditor in […]
Petition
A petition is a written application to the court for relief or remedy.
Official receiver (OR)
An official receiver (OR) is an official employed by the Insolvency Service, an executive agency […]
