An insolvency practitioner is a person who is licensed and has the authority to act with regard to an insolvent person or company. Since the outbreak of the Covid 19 virus more people and companies need an IP’s help as businesses get into financial difficulty due to lockdown regulations meaning their businesses have not been able to function. Getting the right advice is crucial, while a qualified IP will endeavour to assist in any way they can to help save a business. They can help a company to restructure or show the best way to go forward if this is not possible. There are a number of insolvency practitioners in the Norfolk area for companies to consider.

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