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Statement of affairs

In most insolvency procedures directors are required to produce a summary of the business' assets and liabilities.  This is normally known as a Statement of Affairs or Declaration of Solvency (in a solvent liquidation).  In this section we explain what the Statement of Affairs is used for and how to complete one.

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Statement of Concurrence

In some circumstances the Insolvency Practitioner may request that a director or other party complete a Statement of Concurrence.  This indicates agreement or otherwise with the contents of the Statement of Affairs.  This section deals with its purpose and how to complete one.



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Contact us if you require assistance completing a statement of affairs or statement of concurrence






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