Administrative Receivership
The process where an insolvency practitioner is appointed by a debenture holder (lender) to realise a company's assets and pay preferential creditors and the debenture holder's debt. The right of a debenture holder to appoint an administrative receiver has been restricted by the Enterprise Act 2002.
If you are facing financial uncertainty, the P&A Partnership can help.
Whether you are an individual, a sole trader, a partnership or a limited company, we understand the uncertainties and complexities surrounding financial difficulties and provide both insolvency and business recovery services to help you through them.
Remember, the best time to avoid disaster is before it strikes - so if you have any concerns regarding financial problems or insolvency, contact us without delay on our confidential helpline:
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