Insolvent Debt Monitoring Service –
Summary of available service
Available services
One off - This service is available to any creditor who wishes to maximise their rights in the event of an insolvency of one of their customers. This is available on a one off basis and can be used on an ‘as and when needed’ basis.
Contract - This service is provided on the signing of a contract for continued supply. This service covers any insolvency situation that is faced during the term of the contract.
Benefits
One Off
- Completion of all initial paperwork
- Handling all initial correspondence with insolvency office holder
- Completion and submission of claim forms
- Pursuit of retention of title claims
- Pursuit of any exceptional rights that may exist
- Arranging attendance at creditors’ meeting, if appropriate
Contract
- All of the benefits of One Off service, plus continued monitoring of debt throughout term
of insolvency
- Continued liaison with insolvency office holder to ensure job is completed on timely basis
- Review of terms and conditions in regard to retention of title claims
- Assistance in business practices to maximise future returns
- Telephone help line for insolvency queries
- Tax assistance in connection with insolvent debt
For costs click here