Guidance

Guidance on monitoring insolvency practitioners: Advertisements, marketing and debt advice

Monitoring insolvency practitioners: Advertisements, marketing and debt advice

From:
The Insolvency Service
Published
5 February 2021

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Guidance on monitoring insolvency practitioners: Advertisements, marketing and debt advice

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Appropriate debt advice, in the consumer’s best interests, is essential to ensure that the debt solution proposed is correct for the consumer. IPs should also be fulfilling their obligations under Statement of Insolvency Practice 3.1 (IVAs).

This guidance focuses on cases where the debt solution is, or is likely to be, an IVA or PTD.

Published 5 February 2021

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