Debt is an unfortunate fact of modern life and we regularly work with individuals who are financially distressed to help manage and address debts. We can assist you in a range of areas such as: statutory demands, injunctions and bankruptcy advice, and offer expertise in facilitating payment plans both in terms of informal agreements and by way of Informal Voluntary Arrangements (IVAs).
In respect of bankruptcy proceedings, we can provide you with comprehensive advice to enable you to make an informed decision on how to proceed, advising on the implications for the debtor as well as others close to them (such as a non-bankrupt spouse).
As part of the enforcement actions implemented by creditors, a debtor may find themselves subject to interim and charging orders. Your solicitor will be able to provide guidance on the implications of such actions and, where appropriate, support you in challenging these to ensure your position is protected.