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What is a director’s loan account and why does it matter in insolvency? Often, it’s the only asset in a liquidation, and its repayment is the only possible source of recovery for creditors. In light too of the focus on bounce back loans and the mis-use of covid support schemes, it’s important that we understand the role of DLAs in our reporting requirements and recovery strategy.
What is a director’s loan account and why does it matter in insolvency?
Often, it’s the only asset in a liquidation, and its repayment is the only possible source of recovery for creditors. In light too of the focus on bounce back loans and the mis-use of covid support schemes, it’s important that we understand the role of DLAs in our reporting requirements and recovery strategy.
In this webinar we will look at the purpose of a director’s loan account, where to look for one and how to quantify it. Then we will look at the practical issues of recovery.
What is a director’s loan account?
Quantifying a loan – where to look for an existing loan
Bringing a loan account up to date on liquidation
Dealing with directors’ counter claims or mitigations
RPS view of DLAs
Practical suggestions for recovery
Anyone looking for an introduction to the concept of director loan accounts, and/or a practical approach to dealing with the quantification and recovery of DLAs.
This course is suitable for experienced staff looking for an update in this area as well as anyone looking for an introduction.
£50 + VAT per person
Webinar fee includes electronic version of course documentation.
50% reduction for every third one hour session you book.
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