With offices in Bushey, Hertfordshire and Luton, Bedfordshire, we provide tailored solutions to clients throughout the United Kingdom and worldwide. Libertas, a firm of Licensed Insolvency Practitioners provide specialist insolvency and recovery advice to Companies, Directors, creditors and individuals alike, focusing on no-nonsense, cost effective solutions.
All initial consultations are free, and following our first discussions, we will produce a report detailing our thoughts and recommendations, based upon agreed core objectives defined by you. Having worked intimately with thousands of businesses over the years, we are able to draw on significant market place experience and bring this to benefit you.
All initial consultations are free, and following our first discussions, we will produce a report detailing our thoughts and recommendations, based upon agreed core objectives defined by you. Having worked intimately with thousands of businesses over the years, we are able to draw on significant market place experience and bring this to benefit you.
Services
We appreciate that financial difficulty is extremely distressing and effects, not only you, but your immediate family. The one thing that we can say with certainty, is that burying your head in the sand will not help. We take a proactive approach to personal insolvency; the sooner you consult us the more we can do to help.
An IVA is a legally binding contractual arrangement between a Debtor and their Creditors. In its basic format, an IVA provides a debtor with a formal platform through which to make an offer to their Creditors to accept payment of their debt at a reduced rate and/or over a larger period of time. Once this offer has been accepted, all unsecured creditors are bound by its terms.
Achieving a better result for the Company's creditors as a whole than would be likely if the Company were wound up (without first being in administration), or. Realising property in order to make a distribution to one or more secured or preferential creditors. The process to place a company into Administration varies dependent on a number of factors.
An LPA (Law of Property Act) Receiver is appointed by the holder of a fixed charge to deal with only the specific property assets that they hold a charge over. This is not an Insolvency process and thus is regulated by the Law of Property Act 1925. As a result, the appointee need not necessarily be a qualified Insolvency Practitioner.
An Administrative Receiver must be a qualified Insolvency Practitioner and is appointed by the holder of a floating charge, over the whole, or substantially the whole of a company's property. The appointment is governed by the detail included in the security documentation, which will set out or limit the office holders' powers, albeit addition powers derive from the Insolvency Act 1986.
Reviews
Be the first to review Libertas Associates.
Write a Review
