Arrans Insolvency Practitioners

Name: Arrans Insolvency Practitioners
Address: 3 Hamel House, Calico Business Park, Sandy Way, Tamworth, Staffordshire, B77 4BF, GB
Telephone: 01827 60020

Business Consultant in Tamworth, Staffordshire, B77 4BF

About the Business

An Insolvency Practitioner is someone who is licensed and authorised under the Insolvency Act 1986 to act in relation to an insolvent individual, partnership or companies. An Insolvency Practitioner must have passed the insolvency examinations set by the Joint Insolvency Examination Board (JIEB), have practical experience in insolvency work, and must have satisfied their Recognised Professional Body, of which they will be a member, that they are fit to act as an Insolvency Practitioner.

In the United Kingdom only a licensed Insolvency Practitioner can be appointed as a Liquidator, Administrator or Administrative Receiver of companies, or as a Trustee or Supervisor of the estates of individuals. At the present time, there are approximately 2,500 Licensed Insolvency Practitioners in the United Kingdom but a significant number do not take appointments.