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Personal Services

Bankruptcy
An individual can be made bankrupt by anyone to whom they owe more than £750. If you are under pressure from a creditor who is threatening to make you bankrupt, you need advice immediately.


Insolvency Advice for Individuals
Many individuals find themselves in financial difficulties. This can be for a number of reasons, but very common causes are a loss of employment, failure of a business, break-up of marriage, illness or simply over-extension of credit card debts. Whatever the cause, it is important that action is taken to address the position. Provided that an individual acts responsibly in relation to debts, there is no reason to be concerned.


Informal arrangements
An informal arrangement is similar to a CVA or IVA, but does not involve supervision by an Insolvency Practitioner. It requires 100% approval of the creditors, so is rarely a suitable tool if there are large numbers of creditors to contact.


Loan Arrangement
We offer loan arrangement services for all forms of loan and for all credit risk categories.


Home protection
One of the most stressful elements of financial difficulties is the fear that your home could be at risk. Whilst there can be no guarantees, there are a number of ways to protect your home, even if you enter an IVA or are made or declare yourself bankrupt.


Debt management
Debt management is a means of keeping creditors at bay until a better solution can be found. It can be appropriate as a means of settling debts if the total owed is small (less than around £10,000), and the debt can be repaid in full within a few years.


Individual Voluntary Arrangements
Often called an IVA, this is a process permitted under the Insolvency Act 1986 where a proposal is made to your creditors to repay some or all of your debts over a period. The process is supervised by an Insolvency Practitioner appointed by your creditors to receive the payments from you and pass them on to your creditors.