A Range of Solutions
If you’re in financial distress, there are various solutions available to you that can provide a practical, workable solution to your debt problems. Obviously, which solution is best depends on your personal circumstances – and your first course of action is to call us as soon as possible when you realise you’re getting into financial difficulties. The quicker we’re involved, the more options we have to secure a workable financial settlement that will relieve your stress and return your life back to normal as soon as possible.The courses of action open to you are:
- Individual Voluntary Arrangement
- Bankruptcy
- A choice of options for Partners
- Negotiating terms with creditors (unlimited liability company – shareholders responsible for debts)
- Trust Deed (applying in Scotland only)