In: ufaq
Retention of Title (“ROT”)
June 30, 2020If you believe you have a valid ROT clause, which has been incorporated into the contract with the Company, you should…
Read MoreCan I attend the Company’s premises to remove goods supplied by me that remain unpaid?
June 30, 2020No, not unless you have a valid Retention of Title clause within your terms and conditions, which is explained below.
Read MoreWhat type of creditor am I and who gets paid first when a Company goes into an insolvency process?
June 30, 2020This will depend on a number of factors. Banks and other financial institutions sometimes require a debenture (security) to be registered…
Read MoreI used a credit/debit card to pay a deposit or purchase items from a retailer. What should I do?
June 30, 2020It is advisable to contact your credit/debit card provider to apply for a refund.
Read MoreWill I be paid?
June 30, 2020This will depend on the realisations achieved in the insolvency process. If after costs there are funds available and following the…
Read MoreWhat information should I provide to Insolve Plus?
June 30, 2020A completed Proof of Debt form, copy invoices and any other documentation or information which is relevant to your claim.
Read MoreWhat is a Creditor?
June 30, 2020A creditor is a supplier of goods, services or a loan to a Company that remains unpaid.
Read MoreWhat if there are unpaid pension contributions?
June 30, 2020Please contact the insolvency practitioner who will be able to claim for any unpaid pension contributions not credited to your pension…
Read MoreWhat else will I be entitled to claim?
June 30, 2020The Insolvency Service will be able to take you through the process of claiming outstanding salary, holiday pay and notice pay….
Read MoreWill I be entitled to redundancy pay?
June 30, 2020If you have been working for your employer for two years or more then you will normally be entitled to redundancy…
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