• Assisting Creditors in Debt Recovery

    Owed Money?

    Assisting Creditors in Debt Recovery

PCR undertake exclusively insolvency and restructuring work. We are specialists and experts in our field.

This means that in addition to providing advice and assistance to those with debt problems, we are exceptionally well placed to assist creditors who unwittingly become involved in insolvency proceedings, or who are considering proactively using insolvency as a debt recovery mechanism.

Our partners have substantial experience in representing creditors, including trade and expense creditors, finance creditors and Local Authorities.

We can advise and assist with helping to maximise recovery prospects, often by taking simple, cost-effective steps (such as the correct completion and submission of proofs of debts and proxy forms and keeping a watching brief on practitioners’ fees in insolvency cases).We can assist clients directly in issuing Statutory Demands to recover their debts and also assist professional advisers who are considering deploying insolvency proceedings on behalf of their clients with our hands-on knowledge of the mechanics of insolvency.

We are more than happy to accept nominations as Liquidator or Trustee in cases where creditors feel there are matters which warrant further investigation, and will ensure that referring parties receive prompt and detailed feedback as to the progress of our investigations and their ultimate recovery prospects.

We are also happy for our colleagues and clients to simply “pick our brains” on any aspect of insolvency law and practice on an ad hoc basis.

Our initial consultations and requests for telephone advice are free of charge.

If you or your client require advice or representation in relation to an insolvency scheme then please get in contact ››

LINKS & DOWNLOADS FOR CREDITORS 

Using Insolvency Proactively
The Insolvency Service 'Make and serve a statutory demand, or challenge one'
Insolvency Service information page about statutory demands including document downloads.
Link to www.gov.uk ›› 
The Insolvency Service 'Apply to bankrupt someone who owes you money'
Insolvency Service information page about how to bankrupt someone including document downloads.
Link to www.gov.uk ›› 
The Insolvency Service 'Wind up a company that owes you money'
Insolvency Service information page about how to wind up a company that owes you money including document downloads.
Link to www.gov.uk ››

 

Knowing Your Rights As A Creditor
Association of Business Recovery Professionals (R3) Leaflet "Administration"
A guide for unsecured creditors.
Download ›› 
Association of Business Recovery Professionals (R3) Leaflet "Creditors' Voluntary Liquidation"
A guide for unsecured creditors.
Download ›› 
The Insolvency Service "Report a disqualified director"
Insolvency Service information page about how to report disqualified directors including document downloads.
Link to www.gov.uk ››
Insolvency Service Guidance "Fact sheet for employees made redundant by an insolvent employer"
A fact sheet for employees of an employer who is insolvent and cannot pay redundancy pay and other debts with information on what you can claim from the National Insurance Fund.
Link to www.gov.uk ›› 
Association of Business Recovery Professionals (R3) Guide to Bankruptcy 
A guide for unsecured creditors.
Download ›› 
Association of Business Recovery Professionals (R3) Guide to Compulsory Liquidation 
A guide for unsecured creditors.
Download ›› 
Association of Business Recovery Professionals (R3) Guide to Administrative Receivership 
A guide for unsecured creditors.
Download ›› 

 

Practitioners' Fees In Insolvency Proceedings
Association of Business Recovery Professionals (R3) Leaflet "A Creditors Guide to Administrators' Fees"
The small print guide to administrators' fees.
Download ›› 
Association of Business Recovery Professionals (R3) Leaflet "A Creditors Guide to Liquidators'' Fees"
The small print guide to liquidators' fees.
Download ›› 
Association of Business Recovery Professionals (R3) Leaflet "Guide to Fees Charged by Trustees in Bankruptcy"
The small print guide for creditors to fees charged by trustees in bankruptcy.
Download ›› 
Association of Business Recovery Professionals (R3) Leaflet "Voluntary Arrangement Fees"
A creditors' guide to insolvency practitioners' fees.
Download ›› 

 


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