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Does the Insolvency Practitioner (i.e. ourselves) represent the Creditor or the Debtor ?

April 26, 2017Creditor debtor Insolvency Practitioner

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Does the Insolvency Practitioner (i.e. ourselves) represent the Creditor or the Debtor ?

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Neither. The role of the IP is to act as a go between to ensure there is a balance between what Creditors can reasonably demand and what a Debtor can reasonably be expected to pay.