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.
Our dedicated team of experts are well-equipped to assist with:
Dean Nelson, Nicholas Lee, Andrew Stevens, and Michael Roome are all licensed in the United Kingdom to act as insolvency practitioners by the Institute of Chartered Accountants in England and Wales. They are bound by the insolvency code of ethics, which can be found here.
When acting as receivers, administrative receivers or administrators, they act as agents only, without personal liability, and when acting as administrators, the affairs, business, and property of the company are being managed by them.