Sunday, 18 February 2007

Accuma Group Insolvency Practitioners Ltd.

IVA.com list Accuma Group Insolvency Practitioners Ltd on their database of companies providing IVAs but, according to IVA.com, they do not employ any insolvency practitioners (IPs).

IVA.com provide a link to the Accuma Group plc web site and, in their FAQs, they refer to the limited company as being part of the Accuma group and say: " Accuma Insolvency Practitioners Ltd ........ is one of the largest personal insolvency practices in the UK and we are highly skilled in helping to resolve debt problems for people just like you."

It seem unlikely that a company could claim to be insolvency practitioners in their trading title if they were not licensed and it is certainly also true that only individuals - not companies - can be licensed to serve as IPs. It would be difficult to license a 'corporate officer of the court' as this would probably generate one almighty legal mess - and fortunes for starving barristers.

Maybe IVA.com have made a mistake on this one.

But why don't Accuma list the IPs who head up the limited company on their web site ? Surely a public notice giving the names of their IPs alongside a public declaration of the recognised professional bodies licensing them would help reassure debtors that they are dealing with qualified professionals ?

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