Creditors’ Information
The Association of Business Recovery Professionals (“R3”) have issued a number of Statements of Insolvency Practice (“SIP’s”) which provide Insolvency Practitioners with good practice guidelines about their conduct and dealings with insolvency assignments.
SIP 9 deals with the remuneration of an Insolvency Practitioner and the information the IP is obligated to provide to creditors to enable them to properly consider the basis on which such remuneration is drawn.
SIP 9 was amended and reissued in March 2007 and allows for such information to be provided to creditors by electronic means.
Please click on the specific link below to access the information relevant to the type of case being dealt with by Cranfield Business Recovery. Should any creditor wish to receive a copy of this information by post, please do not hesitate to contact us and we will be pleased to assist with such a request.
