The Association of Credit Professionals (ACP) has joined forces with accountancy firm Moore Stephens to help members gain free insolvency advice and support.
As part of the agreement the organisations have created a national creditor support service that is free and exclusive to all ACP members.
One of the key services will be representation at creditors’ meetings, where Moore Stephens will arrange for an insolvency expert to attend meetings in which ACP members have an interest, and act on their behalf.
Graham Sands, director of strategic alliances at the ACP, said: “This is part of our long-term strategy to support our members with the tools to help them progress in their chosen profession.
“I would like to add that Moore Stephens will be supporting our members across England, Scotland and Wales, and are in final negotiations with another very reputable insolvency practice that will support members trading in northern and southern Ireland.”
Moore Stephens will also offer referral inquiry and initial assessment, which will involve performing initial reviews for clients at no costs to assess whether there are benefits to be gained from taking further action, in an insolvency process.
More general support is on offer through help and advice on any aspect of an insolvency, to help members recover outstanding debts owed by individuals or corporate clients.
Insolvency practice McCambridge Duffy will also be offering services across Northern Ireland and the Republic of Ireland to ACP members.
The services from both firms can be easily accessed by logging into www.youracp.org