Personal Insolvency I Insolve Plus
insolvency specialists provide simple, solution driven advice to
individuals experiencing personal debt problems.
Bankruptcy is one
way of dealing with debts you cannot pay. The bankruptcy
proceedings free you from overwhelming debts so you can make a
fresh start, subject to some restrictions; and make sure your
assets are shared out fairly among your creditors. Anyone can go
bankrupt, including individual members of a partnership.
In addition to
acting as trustees of bankrupts estates we also provide advice and
assistance to those affected by Bankruptcy, such as the
debtor's spouse or a creditor.
Individual Voluntary Arrangement
As well as offering debt consolidation and
management solutions, we can also offer an alternative to personal
bankruptcy through an Individual Voluntary Arrangement.
This is a legally
binding agreement between the individual and his/her creditors
whereby a payment schedule is agreed. This cannot be altered
by the individual and is adjusted to match their circumstances.
An IVA allows the
individual to avoid bankruptcy and meets creditors' requirements
through regular payments and a final recovery of a percentage
of the total sum owed.
Contact us by email or phone on 020 7495
2348 to discuss your individual circumstances.