Struggling to pay credit cards, loans and other personal debts of over £20,000 in total? Why choose bankruptcy To declare yourself bankrupt is the ultimate sanction you have in order to deal with your financial situation. If you declare yourself

Pressure from creditors but want to pay something back and avoid bankruptcy? Why choose an IVA? An Individual Voluntary Arrangement (IVA) is essentially a contract between you and your unsecured creditors. It is an alternative to bankruptcy which offers greater

Net assets of £25,000 or more and want to return the capital to shareholders? Why choose an MVL Where a company looks to cease trading but has assets of more than £25,000 to distribute to its shareholders this can now

Company struggling but want to avoid liquidation? Overview Administration provides an alternative to liquidation so that where possible the company, or its business, can be rescued.  Most commonly an administrator will be appointed either by the Company (via its shareholders

Pressure from creditors but need more time to come to an arrangement? A CVA is a method of repaying creditors some or all of their debts whilst allowing the company to continue trading. A supervisor / insolvency practitioner will be

Pressure from creditors and business needs to stop trading? If your company is struggling to pay it’s debts, is being pursued by HMRC or is experiencing financial difficulties from which it is unlikely to recover then a Creditors Voluntary Liquidation