Phoenix & Co Business Recovery and Insolvency Standards
We are committed to achieving the highest standards of competence and transparency, being fair and impartial, working in the best interests of our clients, whilst mindful of our legal obligations to creditors.
It is our policy to provide up-to-date advice, use the latest and most appropriate legislation and produce realistic and practical solutions for both individuals and companies facing financial difficulties.
Our objective is to always look for a means of survival whenever possible, but if it is not, we will advise on the most appropriate insolvency routes or exit strategies.
Who Regulates Us?
Consultants/Advisors working in Business Recovery should be members of either:
- R3. The Association of Business Recovery Professionals, Members or Associates
- IFT, The Institute for Turnaround
And also,
- Registered under The Data Protection Act 1998
Those consultants advising on Insolvency matters should additionally be:
- Licensed by The Office of Fair Trading, under The Consumer Credit Act 1974 (as amended)
- Insolvency Practitioners (IP’s) are regulated by The Insolvency Service via their relevant Recognised Professional Body (RPB) Only IP’s can legally act as office holders in insolvency proceedings: as trustees in bankruptcy, liquidators, administrators and administrative receivers of companies and supervisors of Individual Voluntary Arrangements IVA’s) and Company Voluntary Arrangements CVA’s)
- Phoenix & Co is registered with Business Link ID30012643
Please ask us about the areas of our business covered by the Financial Ombudsman Service.
Important
POOR DEBT ADVICE IS CAUSING CONCERN SO BEWARE OF FLASH ADVERTS AND SOLUTIONS. USE YOUR COMMON SENSE, if it sounds too good to be true, it probably is. LACK OF AWARENESS CAN LEAD TO MANY PEOPLE MAKING INAPPROPRIATE DECISIONS.DON’T LET THAT HAPPEN TO YOU.IF YOU ARE CONCERNED ABOUT YOUR PERSONAL OR BUSINESS FINANCIAL POSITION, MAKE SURE YOU SEEK INDEPENDENT, LICENSED, PROFESSIONAL ADVICE.
You can always visit the Web-Sites of The Ministry of Justice or The OFFICE OF FAIR TRADING to check who is licensed and if you click on THE link BELOW you can check on recent publications concerning such issues.
Notable Links
Credit claims firm investigated »
Crackdown on claims handlers »
Ministry warns on debt write-offs »
ASA upholds Lloyds TSB complaint against debt claim chaser »
100 claims companies cancelled as crackdown continues on firms who mislead the public »
Court lets woman off £8000 credit card debt »