Paul Boyle, David Clements and Tony Murphy of Harrisons Business Recovery and Insolvency (London) Limited were appointed as joint administrators of Uncle Buck Finance LLP (the Partnership) on 27 March 2020 (the Joint Administrators).
The Partnership provided lending services to the UK consumer market.
Following the appointment of the Joint Administrators:
The Partnership’s customer service team remains available to assist existing customers with any queries.
The Joint Administrators will conduct an orderly wind down of the business and seek to recover the assets of the Partnership for the benefit of its creditors.
It is anticipated that the orderly wind down of the Partnership's business may, if applicable, include a sale of the assets of the Partnership. The Joint Administrators will also commence work to identify all creditors of the Partnership in accordance with their statutory duties and obligations under the Insolvency Act 1986. Those customers with complaints (whether on grounds of affordability or other) should continue to approach the Partnership in administration. Any such claim will be treated as an unsecured creditor claim.
The Partnership remains regulated by the Financial Conduct Authority who will continue to supervise the Joint Administrators’ activities throughout the administration process.
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