Helping your business in difficult times
(stop this box auto launching)R3, The Association of Business Recovery Professional, The UK insolvency trade body, has produced a creditor insolvency guide website. This site is a step by step guide designed to help creditors navigate their way through an insolvency process.
ICAEW has produced a restructuring and insolvency guide to assist directors to avoid and/or survive financial difficulties.
R3, has produced a set of guides suitable for distribution to unsecured creditors during an insolvency process. These are as follows;
Creditors Voluntary Liquidation
Company Voluntary Arrangements
Individual Voluntary Arrangements
Creditors may wish or become involved in a creditors committee. This Guide to Creditors provides guidance on the role of a committee in an insolvency process, how committees are formed and what you may expect if you choose to serve on a committee.