The Insolvency Exchange (TIX) encompasses all aspects of managing personal insolvencies, including trust deeds and IVAs.
Bankruptcies and sequestrians can be managed as an additional capability to the core TIX service through an additional capability, Bankruptcy Exchange (BKX).
We manage 40% of all UK IVAs
TIX is the largest insolvency management provider, managing 40% of all UK IVAs which is equivalent to around 1.1 million accounts.
How TIX works
When an insolvent account is placed into TIX it becomes part of a continuous optimisation cycle. We’ve highlighted the key points below but for more in depth information on each stage download our TIX brochure.
Data analysis and insight delivered
Our in-house analytics team creates management information that’s delivered back to creditors and can enable a better understanding of their portfolio.
TIX monitors account repayment performance and can help improve liquidation performance.
Third party engagement
TIX has a dedicated IP and trustee relationship team (extending to regulatory bodies) that ensure creditors are appropriately represented in committees and are kept up-to-date on industry changes.
Benefits of using TIX to manage personal insolvencies
Download the brochure
Reduce operational overheads
Improve visibility of cases
Improve liquidation and value
Improve sustainability and fair treatment