I need representation and help
We act directly for creditors in insolvency proceedings not being conducted by Portland Business & Financial Solutions in a number of ways.
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At meetings of creditors
- Our experience and knowledge of the way things should be done, enables us to challenge any conduct that we do not think is in the best interests of creditors.
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As a member of a creditors committee
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In the larger high value insolvencies or where the conduct of directors has caused particular concern, a committee representing the general body of creditors may be formed to work with the appointed insolvency practitioner.
The committee can provide guidance to the insolvency practitioner on conduct of the case and is usually responsible for agreeing insolvency practitioner’s fees. The committee can, therefore, strongly influence the outcome for the general body of creditors.
