February 4th, 2015 / Insight posted in Practical Guides

Creditors Guide to Fees – Voluntary Arrangements from 1 November 2011

In a voluntary arrangement, as in other types of insolvency, the amount of money available for creditors is likely to be affected by the level of costs, including the remuneration of the insolvency practitioner appointed to implement the arrangement. This guide explains how fees are fixed in voluntary arrangements, how the creditors can affect the level of fees, and the information which should be made available to them regarding fees.