Home / News / Creditors / Appointing an Insolvency Practitioner in Compulsory Liquidations and Bankruptcies

Appointing an Insolvency Practitioner in Compulsory Liquidations and Bankruptcies

30th March 2022

author:

Neil Cronshaw

Creditor Services Manager

Begbies Traynor

One of the primary purposes of an insolvency processes is to ensure a fair distribution of the insolvent's assets to their creditors. The assets are sold to get a return to creditors by way of a dividend. The assets of a person in bankruptcy are realised by a trustee, while a liquidator recovers the assets in liquidation. 

We have created an explanatory guide on how to use your claim to enhance your dividend prospects. You can download this guide here.

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