Local authority services
Local authority services
These services help to enhance recoveries with minimal input from our client, in most cases, with no upfront costs.
Our services include:
- Free pre-enforcement due diligence (pro-file reporting)* - Targeting only defaulters with the assets to pay can save time and money, and will improve your chances of collecting the debt in full.
- Fully funded insolvency action**
- Free claim submission service - We can lodge claims on your behalf in a wide range of insolvency measures such as IVA’s/Bankruptcies/Liquidations and DRO’s.
- Free weekly insolvency reports - Ensure your records are up to date with bespoke reporting tailored to your administrative area with details of recent local insolvency matters.
- Free dividend reporting and management - We provide a full dividend management service to ensure no dividend is missed, historic or current.
- Free online portal - 24/7 access to all of your accounts on a live portal which allows files to be transferred easily and securely offering the utmost data protection.
- Free progress update reports on cases where our firm is Trustee or Liquidator - Regular reports are sent containing case updates and dividend prospects for each matter where you are a creditor.
- Free assessment of NDR account portfolios and defaulters - Our sophisticated data analysis tool enables us to identify corporate entities showing early signs of financial distress.
- Free business reviews with defaulting directors - Our business recovery specialists will liaise with distressed companies and defaulting directors to explore corporate rescue strategies and recovery options, at no cost to our Local Authority clients.
- Free specialist advice regarding phoenix companies, fraudulent or wrongful trading actions - Our Contentious Insolvency team enhance recoveries for insolvent estates by undertaking forensic investigations and bringing claims against directors and 3rd parties in respect of fraud and other unlawful transactions, where, at face value, there are no known assets in the insolvent estate.
- Free insolvency advice and support with regular industry updates - Our UK wide team of award winning restructuring professionals can give advice and support with a local focus. Regular bulletins are sent detailing current trends/statistics and highlighting any changes in legislation.
- Free technical training and advice - Training can be held in person or virtually, on a wide range of topics by industry leading professionals.
* On production of the relevant debtor information, we will provide the local authority with a free Pro-file report outlining the enforcement options available and the asset recovery prospects in relation to that debtor should insolvency proceedings be instigated as a result. We would seek to be nominated for the appointment as trustee in bankruptcy or liquidator on those cases where the insolvency option is chosen by the local authority. We will not require an indemnity for costs from the local authority when acting as trustee or liquidator unless by agreement prior to the appointment as trustee or liquidator (e.g. specific investigatory cases).
** In circumstances where our firm and our solicitor partners recommend this course of action further to appropriate assessment.