Transparency data

Insolvency practitioner sanctions: David Rankin 12 April 2024

On 12 April 2024 a Disciplinary Consent Order was made against David Rankin of Creditfix Limited

• From: The Insolvency Service
• Published: 7 October 2024

Applies to England, Scotland and Wales

Documents

Disciplinary Consent Order David Rankin

ODT, 28.7 KB

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Details

This his Order is made in relation to a complaint that between 9 May 2023 and 16 May 2023, David Rankin, in his role as advisor and/or nominee of 11 Individual Voluntary Arrangements, when conducting initial advice calls, breached the fundamental principles of professional competence and due care and professional behaviour of the Insolvency Code of Ethics when he and/or staff for whom he is responsible:

• Failed in ten cases to provide the debtor, one of whom was a vulnerable debtor, with appropriate advice when he and /or his staff provided misleading and/or factually incorrect information.
• Failed in two cases to provide the debtor, one of whom was a vulnerable debtor, with appropriate advice when he and/or his staff misled the debtor by not correcting a factually incorrect comment that the debtor had made.
• In five cases, made inappropriate comments to the debtor, one of whom was a vulnerable debtor.

Accordingly, David Rankin was found liable to disciplinary action under the IPA’s Articles of Association.

Published 7 October 2024