Relevant Guides

Our guides largely represent industry standards which set out the required practices and disclosure that we strive to achieve with regards to company and personal Insolvency.

Administration a Guide for Unsecured Creditors-R3
Administrative Receviership a Guide for Unsecured Creditors-R3
Compulsory Liquidation a Guide for Unsecured Creditors-R3
Creditors' Voluntary Liquidation a Guide for Unsecured Creditors-R3
Ostrich Guide to Business Survival-R3
Understanding Insolvency Guide-R3
Entrepreneurs' Tax Relief 2019
Fees - Guide to Administrators Fees
Fees - Guide to Liquidators Fees
Fees - Guide to Voluntary Arrangement Fees
Liquidation - A members' guide to fees
Guide to Liquidation and Insolvency - Companies House
Guide to How to Wind Up your own company
Guide to Company Directors Disqualification
Director Disqualification - A guide to compensation orders
Guide to Reuse of Company Name after Liquidation
Guide for Employees - What to do when made redundant Jan 2019
Consumer IVA Protocol - January 2014 version
Consumer IVA Protocol October 2016
R3 Standard Terms and Conditions for IVA - 2018 version
Bankruptcy a Guide for Unsecured Creditors-R3
Is A Voluntary Arrangement Right For Me - R3
Personal Guide Debt Crisis Options - R3
Understanding Insolvency Guide - R3
Guide to Bankruptcy
How to Make Yourself Bankrupt
In Debt - Dealing with your creditors
Fees - Guide to Voluntary Arrangement Fees
Fees - Guide to Trustee in Bankruptcy Fees
Guide for Employees - Insolvent Employer
Guide for Employees - What to do when made redundant Nov 2017

SIPs  (Statements of Insolvency Practice) have been introduced over a number of years to promote and maintain high standards by setting out required practice and harmonising the approach of Insolvency Practitioners to particular aspects of insolvency practice. They apply in parallel to the prevailing statutory framework.

SIP 1 - An administrative receiver's responsibility for the company's records (effective until 2 May 2011).
SIP 1 - An introduction to statements of insolvency practice (effective until 1 October 2015)
SIP 1 - An introduction to statements of insolvency practice (effective from 1 October 2015)
SIP 2 - A liquidator's investigation into the affairs of an insolvent company (effective until 2 May 2011)
SIP 2 - Investigations by office holders in administrations and insolvent liquidations (effective until 6 April 2016)
SIP 3.1 - Individual voluntary arrangements (Effective 1 July 2014)
SIP 3 - Voluntary arrangements. (Effective 1 April 2007)
SIP 2 - Investigations by office holders in administrations and insolvent liquidations and the submission of conduct reports by office holders (effective from 6 April 2016)
SIP 3.2 - Company voluntary arrangements (effective 1 July 2014)
SIP 4 - Disqualification of directors
Changes to SIP 2 and 4
SIP 6 - Decision making in insolvency proceedings
SIP 6 - guidance notes
SIP 6 - Deemed consent and decision procedures in insolvency proceedings
SIP 7 - Preparation of insolvency office holders' receipts and payments accounts (effective until 2 May 2011)
SIP 7 - Presentation of financial information in insolvency proceedings (effective from 2 May 2011)
SIP 8 - Summoning and holding meetings of creditors convened pursuant to section 98 of the Insolvency Act 1986 (effective until 6 April 2017).
SIP 9 - Remuneration of insolvency office holders (effective until 5 April 2010)
SIP 9 - Remuneration of insolvency office holders (effective from 6 April 2010)
SIP 9 - Payments to insolvency office holders and their associates effective until 1 December 2015
SIP 9 - Payments to insolvency office holders and their associates (effective from 1 December 2015)
SIP 10 - Proxy forms (effective until 6 April 2017).
SIP 11 - The handling of funds in formal insolvency appointments (effective until 1st January 2018)
SIP 11 - The handling of funds in formal insolvency appointments (effective from 1st January 2018)
SIP 12 - Records of meeting in formal insolvency proceedings. (effective until 6 April 2017).
SIP 13 - Acquisition of assets of insolvent companies by directors (effective until 1 December 2016).
SIP 13 - Disposal of assets to connected parties in an insolvency process (effective from 1 December 2016)
SIP 14 - A receiver's responsibility to preferential creditors.
SIP 15 - Reporting and providing information on their functions to committees in formal insolvencies (effective until 1 March 2017).
SIP 15 - Reporting and providing information on their functions to committees and commissioners (effective from 1 March 2017)
SIP 16 - Pre-packaged sales in administrations
SIP 16 - Pre-packaged sales in administrations (effective until 1 November 2015)
SIP 16 - Pre-packaged sales in administrations (effective from 1 November 2015)
SIP 17 - An administrative receiver's responsibility for the company's records (effective from 2 May 2011)

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