Published: 08/10/2024 By Andrew Bailey
As an Insolvency Practitioner a lot of the work we do is unseen. It is up to us to communicate with stakeholders and let them know what we are doing but this is not always straightforward.We are often caught between making meaningful disclosures in progress reports in accordance with the rules we follow but at the same time needing to be careful with that disclosure. Namely when updating creditors on progress with investigation work and potential claims arising out of those investigations that may lead to recoveries for creditors.
It is not an easy balance but over the years I like to think I have found that balance of working with creditors to make sure they feel properly engaged in the process and understand the parameters we work within.
So having developed this approach over many years I applied this with my 5 year old daughter when training myself about how to do her plaits.
I was faced with a similar scenario to my work life. There was anger at times, she could not see what I was doing, there was some frustration from both of us, she questioned whether she should have instructed someone else (Mum), after taking advice (from Mum) she was told to be patient and I had the correct approach, we worked together, it took time, we were collaborative and we got the outcome we wanted.
Like most things when you are striving to achieve that desired end goal, it takes time but it needs to be judged on the end result.
My daughter agreed to continue to work with me in the future. This may change if I start attempting French plaits I would imagine.