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May 2010

Insolvency Practitioners saved nearly 2 million jobs in 2009. The **** Com Res has estimated that the UK Insolvency Industry has helped to save nearly 2 millio... more

February 2010

INSOVENCY NUMBERS ON THE RISE The latest figures from the Insolvency Service show a 22.8% rise in Company liquidations during 2009. Similarly the number of Per... more

A Creditors’ Guide To Insolvency Practitioners’ Fees

1. Introduction

1.1 In a voluntary arrangement, as in other types of insolvency, the amount of money available for creditors is likely to be affected by the level of costs, including the remuneration of the insolvency practitioner appointed to implement the arrangement. This guide explains how fees are fixed in voluntary arrangements, how the creditors can affect the level of fees, and the information which should be made available to them regarding fees.

  1. Introduction
  2. The voluntary arrangement procedure
  3. Fees, costs and charges - statutory provisions
  4. The role of the creditors
  5. What information should the creditors receive?
  6. Provision of information – additional requirements
  7. Effective date


    Remuneration of insolvency office holders in England and Wales. Insolvency Practitioners Association Logo

 

What will it cost me?

This is a question you should ask any firm or organisation which offers insolvency / debt advice. Rest assured, Lines Henry as Insolvency Practitioners, do not make any up-front charge or consultation fee.

The following pages will help explain how and where we can help you.

Contact us

You can contact us by calling our freephone number 08081 446611. By emailing us at help@lineshenry.co.uk or alternatively by completing our call back form below:

   
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