Insolvency practitioner
In the United Kingdom, only an authorised or licensed insolvency practitioner (IP) may be appointed in relation to formal insolvency procedures.
Insolvency |
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Processes |
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Officials |
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Claimants |
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Restructuring |
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Avoidance regimes |
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Offences |
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Security |
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International |
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Quite often IPs have an accountancy background. A few active practitioners are lawyers, but it is not necessary to be qualified as either, as since 1986 there has been a direct entry route to the profession.
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