In: Creditors

I am concerned about the conduct of the director prior to the insolvency process, what should I do?
June 30, 2020

When an insolvency practitioner is appointed liquidator of an insolvent Company, administrator or an administrative receiver, they have a duty to…

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Retention of Title (“ROT”)
June 30, 2020

If you believe you have a valid ROT clause, which has been incorporated into the contract with the Company, you should…

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Can I attend the Company’s premises to remove goods supplied by me that remain unpaid?
June 30, 2020

No, not unless you have a valid Retention of Title clause within your terms and conditions, which is explained below.

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What type of creditor am I and who gets paid first when a Company goes into an insolvency process?
June 30, 2020

This will depend on a number of factors. Banks and other financial institutions sometimes require a debenture (security) to be registered…

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I used a credit/debit card to pay a deposit or purchase items from a retailer. What should I do?
June 30, 2020

It is advisable to contact your credit/debit card provider to apply for a refund.

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Will I be paid?
June 30, 2020

This will depend on the realisations achieved in the insolvency process. If after costs there are funds available and following the…

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What information should I provide to Insolve Plus?
June 30, 2020

A completed Proof of Debt form, copy invoices and any other documentation or information which is relevant to your claim.

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What is a Creditor?
June 30, 2020

A creditor is a supplier of goods, services or a loan to a Company that remains unpaid.

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