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Understanding Insolvency

Understanding Insolvency is a guide to business recovery and insolvency procedures in the UK and the work of the business recovery and insolvency profession. The guide has been prepared by the Association of Business Recovery Profesionals (R3). It defines and explains most insolvency procedures and terms, but should only be regarded as an introduction to a complex subject.

If you require advice about insolvency, you should either speak to your professional adviser or a licensed insolvency practitioner.