Glossary

When a company is in Compulsory Liquidation or in Bankruptcy proceedings, the Official Receiver may, […]

A document of form submitted by a Creditor providing details of what is owed to […]

A Creditor who is paid ahead of unsecured Creditors and floating charge Creditors. Occupational Pension […]

A written application to the court and used by creditors, individuals or directors to commence […]

A legally binding agreement between a partnership and its creditors to repay some or all […]

A representative from the Insolvency Service who deals with Bankruptcy and Compulsory Liquidation.