A move by the Insolvency Service will now see details of rogue Insolvency Practitioners (IP) posted online.
If an Insolvency Practitioner has fallen foul of industry guidelines then details of this will be made publicly available on the gov.uk website. Any reports that are published will remain on the site for a minimum of 12 months.
For details on current practitioner reports click here.
Anyone looking to complain about an Insolvency Practitioner can do so via the gov.uk site.
If you’re looking at reviewing your current financial arrangements with a Debt Management Plan (DMP), an IVA (Individual Voluntary Arrangement) or managing your debts then please get in touch.
As with any change in your financial circumstances there may be consequences including restrictions on future expenditure or obtaining further credit so please consider this before committing to such an arrangement.