Creditor Support

Why do Businesses Need & Use Us ?

Our Creditor Support Services provide specialist advice when a debtor (customer) of yours refuses to pay | is unable to pay or becomes insolvent.

We understand the impact the potential loss of income and customer can have on your business with the associated administrative burdens and unknown prospects of any recovery whether of your goods (through retention of title claims) or your unpaid invoices and work in progress.

To make the situation worse you may have already incurred considerable irrecoverable costs with your solicitors and debt collection agencies having instigated costly proceedings or statutory demands and winding up petitions.

We take a pragmatic and commercial approach to advising and assisting you at little or any additional cost.

We will liaise with your customer | understand the issues | advise you of the best course of action (legal and commercial) that maximises your prospects of recovery (present and future) including taking security from your customer wherever possible.

Creditor Representation

  • advise on what you can do and the best form of action and guide you accordingly maximising return and minimising exependiture and further loss to you.
  • in a debtor insolvency liaise with the insolvency practitioner or Official Receiver and ascertain the details of the case and outcomes of interviews with directors and where you have a retention of title claim ensure it’s prospects of success are maximised.
  • prepare and submit your claim in a timely and proper manner for voting and dividend purposes.
  • where necessary attend meetings on your behalf to ascertain details of other creditors | form alliances for strategic voting purposes | on your behalf ensure all relevant matters are brought to the attention of the practitioner.
  • at all times to report to you and seek the best mechanisms to enhance your prospects of recovery.
  • And for more reasons why to use us Click Here.

The Venture Consulting Team

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