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Why Insolvency Practitioners Like Working With Thryvv.io

2 November 2025 by
Why Insolvency Practitioners Like Working With Thryvv.io
Cameron Whinnett
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When we say insolvency practitioners like working with us, it is not because we bring them work. It is because we make their work easier, more transparent, and more commercially viable, all while protecting the director’s position.

We Hold Ourselves to Professional Standards Others Don’t


The pre-insolvency and director’s advocacy space is largely unregulated. Anyone can call themselves an advisor, regardless of qualifications or ethical grounding. That is not how we operate.


At Thryvv, our Director’s Advocates and Financial Strategists are qualified accountants and bookkeepers who voluntarily comply with APESB professional standards. This means every engagement, report, and conversation is guided by the same ethical, independence, and quality frameworks that apply to Chartered Accountants and other recognised professionals.


Read the article: How We Stay in Compliance with APESB Standards as Director’s Advocates >


For insolvency practitioners, this creates confidence. They can rely on the integrity of the financial information we provide, knowing it is prepared within a compliant and transparent framework.

We Bridge the Gap Between Director and Practitioner


Our role is to act as an informed conduit that helps both sides understand each other’s position.


When a director is under pressure, it is easy for communication to break down. They may view the practitioner as being overly aggressive or unsympathetic when in reality the practitioner is simply meeting their legal and compliance obligations.


We understand what insolvency practitioners do, why they take certain actions, and how those actions fit into their professional duties. That insight allows us to translate intent into understanding, giving directors clarity and giving practitioners confidence that the director is being properly supported. 

"As an insolvency professional, on the side of a director advocate, it is a great service that communicates and liaises on the next steps in the VA to the director. In past experience, this has ensured the director understands our approach and works with us in ensuring the best outcome for employees, creditors and themselves. Director advocates are underrated but crucial when needed in VAs. Thanks Cam for your advocacy on matters in the past 12mths"

Terry Iseppi

Terry Iseppi
Manager at SV Partners

We Help Find Commercial and Compliant Alternatives


Most insolvency practitioners do not want to take someone’s home. If it gets to that stage, it is usually because the numbers, evidence, or compliance obligations leave them no other choice.


That is where we add value. We work to identify and present viable alternatives that still allow the practitioner to meet their requirements but in a more commercial and less destructive way. Whether that involves restructuring debt, improving records, validating asset positions, or demonstrating solvency pathways, we do the groundwork that allows a practitioner to make better informed and less aggressive decisions.


Find out how we overcame unexpected complications during a VA process, and still saved the business >

A Partnership Built on Trust and Competence


When insolvency professionals work with us, they know they are dealing with people who speak their language. We understand the legislation, the process, and the commercial realities that sit behind every file.


That mutual understanding builds trust, not just between us and the practitioner, but between the practitioner and the director. The result is a smoother process, more ethical outcomes, and a greater chance of achieving a recovery that preserves both value and dignity.

Why This Matters for the Director

When insolvency practitioners trust the process and the information, the director benefits directly. The engagement becomes less adversarial and more solution focused.

By ensuring open communication and presenting accurate, compliant information, we help directors demonstrate transparency and good faith. This often leads to better outcomes, such as negotiated settlements, protection of key assets, or even avoiding formal insolvency altogether.

The director’s position is strengthened because everyone involved is working from the same facts and within the same ethical boundaries. Instead of being treated as a problem to be managed, the director becomes an informed participant in finding the best path forward.

Think a Director's Advocate can make your financial distress journey easier?

Book a Strategy Call with us

Book a free strategy call with us today and take the first step toward getting back in control. We’ll help you understand your position, weigh your options, and build a clear path forward — without judgement, pressure, or jargon.


 


Why Insolvency Practitioners Like Working With Thryvv.io
Cameron Whinnett 2 November 2025
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