13 : Insolvency Practitioner (IP) :

An individual who is licensed by either the Department for Business, Enterprise and Regulatory Reform, the Law Society, the Insolvency Practitioners Association or one of the recognised accountancy bodies. Anyone claiming to be an insolvency practitioner but who is not licensed is not qualified to help you.

Click on the word or phrase to find a straightforward explanation rather than the exact legal definition.

Jargon Selection Associates Charging Order Company Voluntary Agreement (CVA) Composition Compulsory Liquidation Connected Party Cover Schedule (aka Bond) Creditor Creditors' Committee Directors Disqualification Extortionate Credit Transactions Insolvency Insolvency Practitioner (IP) Liquidator Moratorium Nominee Office Holder Official Receiver (OR) Preference Proxy Proxyholder Statutory Demand Supervisor Transaction at an Undervalue

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