How can I tell the difference between a good and bad insolvency professional?

Good insolvency professionals are experienced, have a business mindset and provide transparent pricing – while bad insolvency professionals don’t tick any of those boxes.

With that in mind, here are five questions you should ask before appointing an insolvency professional to represent you:

  1. How long have you been an insolvency lawyer?
  2. Have you ever handled insolvency like mine before?
  3. What is the best way to manage my insolvency?
  4. How will you ensure my company gets the maximum financial return?
  5. What are all the fees I will have to pay? When will they be due?