Our aim is to assist individuals in financial difficulty to enable them, whenever possible, to avoid bankruptcy. We are able to offer assistance in the following situations:
Where a business run by an individual or a partnership is experiencing financial difficulties.
Where an individual wishes to avoid bankruptcy particularly when the individual has a professional qualification which will be withdrawn upon bankruptcy.
Our priorities are to work with the individual or partners concerned to:
Assess the financial situation
Stabilise the position
Review the financial structure
Develop a recovery strategy where possible
Assist in implementing a turnaround where possible
There will be situations when it is not possible to achieve a turnaround either in the business or in an individual’s personal financial position. Under these circumstances it may be possible to avoid bankruptcy by entering into an Individual Voluntary Arrangement where contributions are made to a Supervisor for the benefit of creditors. A brief outline of the personal insolvency services we offer include:
Individual voluntary arrangements
Partnership voluntary arrangements
Accepting appointments as Trustee in Bankruptcy
Representing individuals subject to bankruptcy
If you or your business are experiencing financial difficulty it is important that advice is taken early in order to maximise the chances of recovery. Please contact our team on 01502 563921 to arrange a free meeting with a partner. |