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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.


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.



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

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