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Telephone 03300 249 711
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What will it cost?

What will it cost?


Upwards of £5,000.00 plus VAT


Pre appointment costs

IP costs will vary from firm to firm.

The IPs fees can be on a fixed, percentage of realisations or a time spent basis or a mixture of the three.

Most IPs charge a fixed fee for the pre liquidation work.

These costs are approved by the directors, and where possible, drawn prior to liquidation.

If they have not been approved and drawn prior to liquidation, the creditors will be asked to approve them, failing which the IP will need to go to court for approval or base them on the OR scale rates.


Post appointment costs

IP costs will vary from firm to firm.

The IPs fees can be on a fixed, percentage of realisations or a time spent basis or a mixture of the three.

Most IPs charge a on a time spent basis for the pre liquidation work.  These costs are approved by creditors post liquidation and drawn from asset realisations in the case.

The more work that has to be done the higher the fees so every case will be different.

On average the amount of cost charged are likely to be at least £5,000.00 plus VAT upwards.



David Kirk ACA FABRP

David Kirk

David Kirk is a Chartered Accountant and Licensed Insolvency Practitioner.
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