Personal Insolvency
Providing realistic solutions to businesses and individuals in financial distress
We help financially troubled individuals to deal with their affairs. We adopt an understanding and constructive approach and agree with you the most appropriate debt solution for your own circumstances.
Areas of assistance include:
- Debt management: consolidation or rescheduling of debt may be the best solution where the debt is relatively modest.
- Individual Voluntary Arrangement (IVA): we can help you to come to an agreement with your creditors, through which they accept a substantially reduced sum in full and final settlement.
- Bankruptcy: this will release the individual of their liability to repay the debt and may in some cases be the best solution. All bankruptcy assets are controlled by the Trustee in Bankruptcy, whose duty is to use them to settle the sums owed.