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Help Packs

Help Packs

Below is a set of helpful guidance documents to assist unsecured creditors through the insolvency and recovery process, freely available for downloading.

Creditor’s Voluntary Liquidation

Creditors’ Voluntary Liquidation occurs where the shareholders, usually at the director’s request, decide to put a company into liquidation because it is insolvent.

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Administration

Administration is when a company is facing financial difficulties, therefore, it can be placed into administration. This means the affairs, business and assets of the company will be managed by appointed person for that purpose.

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Compulsory Liquidation

Compulsory liquidation occurs when a company is wound up by an order of the court.

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Bankruptcy

An individual is made bankrupt as a result of a petition presented to the court, usually because he/she cannot pay his/her debts.

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Receivership

Administrative receivership is when a company breaches the terms of its borrowing from a creditor with a floating charge. In turn that creditor may appoint an administrative receiver to recover the money it is owed.

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Other Documents

  • Creditor's Guide to Fees

    The particular nature of an insolvency office holder’s position renders transparency and fairness in all dealings of primary importance. Click here for guidance sheets that provide useful guidance of process and other useful information, freely available for downloading.

  • Help Packs

    Click here for a set of helpful guidance documents to assist unsecured creditors through the insolvency and recovery process, freely available for downloading.

  • Company Voluntary Arrangements

    Click here for Standard Conditions for Company Voluntary Arrangements.

  • Charge Out Rates & Disbursement Policy

    Click here for Charge Out Rates & Disbursement Policy.

  • Complaints Procedure

    Click here for our Complaints Procedure.

  • Cookies & Privacy Notice

    Click here for our Cookies & Privacy Notice.

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Get in Touch

All initial meetings are free and confidential. The first consultation will help us establish the current position and allow us to present a range of options available to you.

Send us an email at restructuring@groupams.co.uk or call us on 0161 413 0999.

Disclaimer

AMS Business Recovery & AMS BR is the trading name of Path Business Recovery Ltd, a company registered in England and Wales. Gareth Howarth & Philip Lawrence are Licensed Insolvency Practitioners authorised to act in the United Kingdom by the Insolvency Practitioners Association.

 

The company’s registered address is 1 Hardman Street, Spinningfields, Manchester, M3 3HF. Registered in England and Wales No.: 10149403. VAT No: 242 7332 23

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