How To: Quantify and recover a Director's Loan Account
This webinar covers the purpose of a director’s loan account, why it matters in insolvency, where to look for one and how to quantify it, and the practical issues of recovery.
Description
What is a director’s loan account and why does it matter in insolvency? Often, it is 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 misuse of covid support schemes, it is 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.
Recorded 30 June 2023
CPD Learning Outcomes
- 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
Who Should Attend
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.
Cost
£55 + VAT per person
50% reduction for every third one-hour series you book.
Webinar fee includes electronic version of course documentation.
Team Booking Discount
5-10 team members - £200 + VAT
11-25 team members - £375 + VAT
26-50 team members - £500 + VAT
50+ price on application
If you are looking to make a team booking, please mail courses@insolvencysupportservices.com.
Booking Terms
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