Terms & Conditions
Park Advisory Group Ltd (trading as “Park Advisory”) provides specialist support in reviewing financial circumstances and negotiating settlement outcomes with Insolvency Practitioners (IPs) in relation to Directors Loan Account debts. These Terms & Conditions apply to all work we undertake for you.
1. Important Disclaimers
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We do not provide legal advice, insolvency advice, or regulated debt management advice.
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We are not a law firm, insolvency practice, or FCA-regulated debt advice company.
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Should you require legal, insolvency or regulated debt advice, you must seek this independently from suitably qualified and regulated professionals.
Our role is to provide commercial negotiation support and review of financial information only.
2. Our Services
We will:
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Review your financial statements and request any additional information needed.
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Compile a history of your financial circumstances where relevant.
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Liaise and negotiate with Insolvency Practitioners or their agents in respect of Directors Loan Account debts, with the aim of reaching a commercially viable settlement.
We will not:
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Advise you on your legal rights, remedies, or prospects in litigation.
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Provide insolvency solutions (such as IVAs, CVAs, or bankruptcy petitions).
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Provide investment, tax, or financial planning advice.
3. Working Together
To achieve the best results, you agree to:
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Provide accurate and complete financial information in a timely manner.
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Respond promptly to our requests for documents or clarification.
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Retain originals of all documents you send to us (we work from copies).
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Communicate with us promptly about any changes in your circumstances or creditor position.
4. Fees & Payment
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Fees will be agreed with you in writing before work begins. Depending on the matter, we may agree:
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Fixed fee for defined pieces of work;
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Fixed monthly fee for ongoing matters; or
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Hourly rate where the work is complex or unpredictable.
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Payment terms: unless otherwise agreed, invoices are due immediately upon receipt. For urgent matters with deadlines, payment in advance may be required.
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We accept payment by BACS / CHAPS / internet transfer. Card or PayPal payments may be accepted by prior arrangement.
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We reserve the right to stop work if invoices remain unpaid.
5. Termination
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You may terminate our engagement at any time. You will be liable only for fees incurred up to the date of termination.
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We may terminate if:
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invoices remain unpaid, or
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in our opinion, your matter requires regulated or legal advice beyond our remit.
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6. Confidentiality & Data Protection
We treat all information you provide to us as strictly confidential.
We are registered under the Data Protection Act 2018 and UK GDPR. For details on how we handle personal data, please see our Privacy Policy.
7. Liability
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Our services are provided on a best endeavours basis. While we aim to achieve a favourable settlement, no outcome can be guaranteed.
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Our liability to you for any claim arising from our Services is limited to the total fees paid by you to us for that Service.
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Nothing in these Terms excludes liability for fraud or any other liability that cannot be excluded under English law.
8. Complaints
If you have a complaint, please raise it with your primary contact first. If unresolved, you may escalate it to [insert senior contact name/role]. We will endeavour to resolve all complaints promptly and fairly.
9. Governing Law
These Terms & Conditions and any dispute arising from them shall be governed by and construed in accordance with the laws of England & Wales, and subject to the exclusive jurisdiction of the English courts.
⚖️ Final Reminder: Park Advisory provides negotiation and financial review services only. We do not provide legal, insolvency, or regulated debt advice. You must seek independent advice where required.
