Glossary Of Debt Management & Financial Terms
Insolvency Practitioner
This is a qualified authorised person, who specialises in insolvency. Commonly such an authorised person is an accountant or a solicitor. An insolvency practitioner is authorised to act either by the Secretary of State for Trade and Industry, or by one of a number of other recognised professional bodies. All of the formal insolvency procedures set out in this glossary can only be carried out by law, by an insolvency practitioner.
See Insolvency, IVA and Bankruptcy.
