As insolvency practitioners we need to understand and competently deal with diligence.
We need to be able to recognise the rights that a creditor has to exercise diligence and when it takes priority over the insolvency process. Equally we need to know when we can cut down or equalise the diligence and rank the creditor accordingly. There are also occasions when we as IPs may choose to exercise diligence.
This course combines an overview of the legal framework of the most common types of diligence that you will come across, and provides practical guidance on how to deal with diligence in your cases. You will also learn why and when you should effect diligence to assist your recoveries. The emphasis will be on practical, interactive tuition, and you will learn how to confidently apply solutions in your case work.
This course is suitable for experienced IPs looking for an update and a fresh approach to case issues, as well as staff who would benefit from an in depth introduction or refresher to the issue of diligence.