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How To: Quantify and recover a Director's Loan Account

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.

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

The purchase of an ISS Training webinar recording permits single user access only for use by the registered delegate and access information should not be forwarded on to third parties. The copying and/or distribution of an ISS Training webinar recordings or materials is not permitted. Responsibility for the confidentiality of webinar registration information and materials issued by ISS Training lies with the registered delegate and purchaser.

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