Insolvency Practitioners
What are Insolvency Practitioners?
Insolvency Practitioners are the only persons qualified and licensed to act in formal insolvency matters. This means any Insolvency process which is governed by Insolvency Legislation.
A Licensed Insolvency Practitioner should not be confused with an Insolvency Specialist or Insolvency Expert. An Insolvency Practitioner is an individual licensed by a regulatory body and is answerable for their actions whereas Insolvency Specialists or Insolvency Experts are neither licensed to act nor regulated. They can offer whatever advice they fancy without fear of any comeback.
A Licensed Insolvency Practitioner is regulated by a supervisory body. At Insolvency.com all of our Insolvency Practitioners are Licensed and regulated by the Insolvency Practitioners Association.
Anyone who is not a Licensed Insolvency Practitioner offering insolvency advice is most probably trying to take a fee from you in addition to the costs of the formal insolvency process that you may choose to undertake.
So, would you rather pay for advice from an non-regulated and non-qualified Insolvency Expert or Insolvency Specialist and then pay for the Insolvency Practitioner on top or would you rather get the facts straight from a Licensed and Qualified Insolvency Practitioner where the advice is provided free.
At Insolvency.com we only advise through our in-house Insolvency Practitioners.