Insolvency practitioners seeking debts from directors

[Lisa Thomas]

...and consider the long delays with a compulsory liquidation, which slows down the employees claims being processed etc etc

 

[Tringa]

And on another occasion they sent me a letter with a forged signature. I have proof of this.

Is there an overseeing body or organisation where I could report this?

 

[Elliot Green]

Is there an overseeing body or organisation where I could report this?

Every licensed insolvency practitioner should have a complaints process, and if you are not satisfied with the response, then you can take up the matter through the Complaints Gateway.

 

[Tringa]

Every licensed insolvency practitioner should have a complaints process, and if you are not satisfied with the response, then you can take up the matter through the Complaints Gateway.

That sounds like the police when they 'close ranks'

 

[Tringa]

Report the police to the police?

 

[Newchodge]

That sounds like the police when they 'close ranks'

You can't complain unless you have tried it.

 

[Tringa]

You can't complain unless you have tried it.

But it is still 'Report the police to the police'

 

[Tringa]

No independent regulatory body?

 

[Elliot Green]

Report the police to the p

No independent regulatory body?

All IPs have a regulatory body. However regardless any complaint, it doesn't outflank the potential ODLA position. One thing appears to have nothing to do with the other.

 

[Tringa]

But no 'INDEPENDANT' regulatory body?

 

[Newchodge]

You are, of course, entitled to complain if you think that you have been treated inappropriately by the IP deaing with your case. Indeed, you are right to do so.

However, I wonder if you might also spend some time concentrating on your primary issue.

You have said:
1. Your business went bust owing roughly £80,000 to others.
2. Before it went bust you (and/or your business partner) received a total of £40,000 to which you had no documented entitlement.

Even if the IP is the biggest conman in the world, those 2 facts will not go away.

You need to look at your current incomings, assets, liabilities and outgoings. Set those out in a spreadsheet so you can discuss with the IP what a reasonable repayment rate may be.

 

[Lisa Thomas]

No. There are 4 regulatory bodies for IP's. Most of us are licensed by the ICAEW or the IPA in England. Each IP will have their own internal complaints process. I.e "make a formal complaint in writing to X", before escalating to their governing body.

There is a fraud team within the police but my understanding is if it's less than £100k they won't be interested (but that might have changed). I suspect the police will deem this as a civil matter.https://www.actionfraud.police.uk/

What document are you alleging they forged?

 

[Tringa]

No. There are 4 regulatory bodies for IP's. Most of us are licensed by the ICAEW or the IPA in England. Each IP will have their own internal complaints process. I.e "make a formal complaint in writing to X", before escalating to their governing body.

There is a fraud team within the police but my understanding is if it's less than £100k they won't be interested (but that might have changed). I suspect the police will deem this as a civil matter.https://www.actionfraud.police.uk/

What document are you alleging they forged?

I forwarded a detailed complaint to the insolvency company with all the evidence which I believe is irrefutable; but it was completely ignored and not replied to. This actually only came to light as we were forced to scrutinise our previous accounts and communications with extreme detail.

 

[Tringa]

You are, of course, entitled to complain if you think that you have been treated inappropriately by the IP deaing with your case. Indeed, you are right to do so.

However, I wonder if you might also spend some time concentrating on your primary issue.

You have said:
1. Your business went bust owing roughly £80,000 to others.
2. Before it went bust you (and/or your business partner) received a total of £40,000 to which you had no documented entitlement.

Even if the IP is the biggest conman in the world, those 2 facts will not go away.

You need to look at your current incomings, assets, liabilities and outgoings. Set those out in a spreadsheet so you can discuss with the IP what a reasonable repayment rate may be.

We understand this, and thank you for your advice.

 

[Lisa Thomas]

I forwarded a detailed complaint to the insolvency company with all the evidence which I believe is irrefutable; but it was completely ignored and not replied to. This actually only came to light as we were forced to scrutinise our previous accounts and communications with extreme detail

Are you sure they received your communication? I would send one chaser - ensure you get receipt of delivery, then if no reply escalate to their governing body.

 

[Lisa Thomas]

Complain about an insolvency practitioner

How to complain about an insolvency practitioner - complain about unprofessional or unethical conduct or how your case has been handled.

www.gov.uk

 

[Tringa]

Are you sure they received your communication? I would send one chaser - ensure you get receipt of delivery, then if no reply escalate to their governing body.

It was part of a letter that they subsequently responded to. But they ignored (or didn't comment on that part of the letter.)

 

[Tringa]

It was part of a letter that they subsequently responded to. But they ignored (or didn't comment on that part of the letter.)

And thank you so much for your advice.

 

[Lisa Thomas]

And thank you so much for your advice.

You're welcome. Good luck.