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Creditors Representation

Creditors Representation

Creditors Meeting attendance

If your business suffers a bad debt and the debtor company goes into a formal procedure, your company will receive a written invitation to attend a creditors meeting.

The documentation you receive includes a proxy form in order for your company representative to vote at the meeting for the appointment of your preferred licensed insolvency practitioner to take the appointment.

Our professional and ethical expertise allows us to gain more information from the meeting, than would an inexperienced representative, gaining more value from the meeting for the instructing client. As your proxy holder, we can attend meetings of creditors on your behalf, to professionally represent your business and report to you on the meeting and the outcome. We will professionally question directors concerning their conduct of the business and establish the financial position for you. Will we provide you with a written report.

 

"We instruct CIB to attend meetings of creditors for us. We gain much more information than we would if we attended ourselves, it saves us time and money when we can ill afford to send our own people. They get to the critical information we need."






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