We all lend money or work for someone and may be owed money. If it's a small amount, you may just move on, but if it's a substantial amount of money, what are your options?
You may decide to pursue the money owed to you. You decide to speak to an accountant, solicitor or even a lawyer. We don't offer legal advice, but if you may wish to speak to Malcolm at the Insolvency Guru for more info.
Whether you are a creditor or an insolvency practitioner (IP), you will have to follow the new rules (which became law in April 2017). We are working with insolvency practitioners throughout England to simplify the process for them and the creditors they are working with.
-Will you be allowed to utilise "Deemed Consent" or have a "Virtual Meeting"?
If you would like to know more, please speak to Baldeep who presented these findings to the industry earlier this month. Equally if you would like a copy of the presentation, please contact us.
This post was brought to you by Baldeep on 31 May 2017.
Baldeep started the company knowing that IT doesn't have to be your frustration. Baldeep continued developing his skillset and has multiple accreditations to his name including his degree, Microsoft Certifications, ITIL and VMware Data Center Virtualization Certification. He is always learning to move IT forward for your business.
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