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Insolvency Service is an agency of the United Kingdom. The agency aids businesses that can not pay off their debts, can act as a trustee when appointed, help with bankruptcy orders, intervenes when payroll issues arise, they can also banking and liquidation of assets. They will then provide information to the public on their website.
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What exactly is an insolvency service?
The Insolvency Service is an Executive Agency within the Department of Trade and Industry. Or DTI. The Insolvency Service administers and investigates the affairs of bankrupts and companies in compulsory liquidation.
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