Trainer-led course · Receivables Financing
Insolvency Law & Debtor Litigation
Understand the legal principles of insolvency, and the effect that the insolvency of a client or guarantor has on the financing arrangements.
- Delivery
- In person at your premises, or live online
- Length
- One day
- Group size
- 6 or more delegates
- Before the course
- A pre-course questionnaire for every delegate
Who it's for
Who should attend.
An essential course for recoveries teams and collect-out staff who may need to instigate legal proceedings against potential bad debts on client ledgers, or even against guarantors or clients.
Credit controllers will also find knowledge of the debtor litigation process of significant benefit, to inform their practice of ‘going legal’ where debtors are in default.
Content summary
What the course covers.
- The Insolvency Acts
- Bankruptcy & liquidation
- Company & individual voluntary arrangements
- Administration & administrative receivership
- Instigating litigation
- The costs of obtaining judgment
- Executing judgment
- Pursuing guarantors
- How contracts can be set aside
- Guarantor & indemnifier action & pitfalls
This is a workshop-based course, so the emphasis is on the practical application of insolvency laws and litigation procedures, to inform delegates of the importance of various industry practices and procedures.
Outcomes
What delegates take away.
By the end of the course delegates will have a firm grasp of the underpinning legal principles of contract law, and of how contracts with guarantors and indemnifiers can be set aside in certain circumstances. Delegates will have a firm grasp of the documentation required to issue litigation proceedings against potential bad debts on the ledger, or for pursuing cases of fraud.
Delegates will also understand the rights and responsibilities contained within their own Master Financing Agreements which relate to client responsibilities and the invoice financier’s rights in the case of insolvency.
Very good and very relevant.
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Book Insolvency Law & Debtor Litigation for your team.
In person at your premises or live online, for groups of 6 or more.