Having problems with debt can be a stressful time, and one which most of us try to avoid
However, if you ignore these issues, you may end up losing out financially and will most likely end up in a worse position.
In these situations, there is always one thing you should do: seek help from someone who is suitably qualified to assist you, at the earliest possible opportunity.
The Insolvency Act is a large and complex piece of legislation. We have therefore attempted to simplify the options available to you, detailing how this will impact your personal life and assets, including your home and monthly income.
Dean Nelson, Nicholas Lee, Michael Roome, Brett Barton, Andrew Stevens and Emily Oliver are all licensed in the United Kingdom to act as Insolvency Practitioners by the Institute of Chartered Accountants in England and Wales. Brett Barton is licensed by the Insolvency Practitioners Association to act as an insolvency practitioner. They are bound by the Insolvency Code of Ethics which can be found here.
When acting as Receivers or Administrative Receivers, they act as agents only, without personal liability. In an Administrator role, the affairs, business, and property of the company are managed solely by them.
During appointments, they are Data Controllers of personal data as defined by the Data Protection Act 1998 and the General Data Protection Regulations 2018. PKF Smith Cooper act as Data Processor on their instructions. Personal data is kept secure and processed only for matters relating to the appointments that they take. For further details, see the firm’s Privacy Policy.
