1)       to promote the interests of creditors in insolvency and to promote an environment where creditors may be actively involved and represented in all aspects of the insolvency process and reform of that process;

2)       to work towards the maximisation of recoveries for creditors through the various insolvency processes; and

3)       to act as a forum to facilitate the exchange of views and opinions of creditors involved in insolvency;

Further aims

1)       to carry out research and to collect information relating to insolvency the involvement of creditors in insolvency processes and to use that information to further the principal objects of the Association;

2)       to promote the use of claim driven recoveries in conjunction with Conditional Fee Agreements and After the Event Insurance and any other types of claim, procedures, agreements or insurance which help promote the interests of creditors in insolvency processes and maximise recoveries for creditors;

3)       to promote and maintain high standards of practice and professional conduct amongst persons holdings insolvency administration office or who are otherwise engaged in insolvency administration;

4)       to promote the training and education of creditors in insolvency practice and procedure;

5)       to co-operate with similar organisations in the United Kingdom and abroad to facilitate the exchange of information relating to and opinions on creditors involvement in insolvency administration.

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Last modified: January 18, 2005