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Bankruptcy

We speak to many clients who, unfortunately, through borrowing money personally to assist a failing businesses, end up with personal debts that they don’t have the ability to pay back.

We offer a bespoke service to clients who normally have over £100,000 in debt (usually credit cards & personal loans), but also have a family home with equity in it. There are ways that the family home can be kept through bankruptcy, whilst the unsecured debt can be written off.

If you are in this situation, contact us, and we will advise a clear strategy for you.

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Our Services

No Asset Liquidation

If your company has no assets and unmanageable debt, a No Asset Liquidation is the safest way to close it. It protects you from future legal action that can follow if you simply walk away.

Creditor’s Voluntary Liquidation

A CVL lets you close a company that can’t pay its debts. It’s a formal process that gives you control while dealing with creditors the right way.

Member’s Voluntary Liquidation

An MVL is the most efficient way to close a solvent company. It’s started by shareholders and allows for a clean, tax-effective exit.

Company Dissolution

Dissolution is a low-cost way to close a dormant company with no debts. If eligible, it removes your company from the register without liquidation.

Voluntary Administration

Voluntary Administration gives you time to explore a restructure or turnaround strategy. It halts creditor action and may help you reduce debt or restart the business.

Restructure & Turnaround

We help viable businesses recover through fast, tailored plans. If needed, an Administrator can be appointed to pause legal action.

Company Voluntary Arrangements

A CVA is a formal deal with creditors to repay some or all debt over time. It’s especially useful when pressure is coming from unsecured creditors and can keep your business trading.

Time To Pay Arrangement

A TTP spreads your tax payments and eases cash flow pressure. We help negotiate directly with HMRC.

Bankruptcy

Bankruptcy is a legal way to clear unsecured personal debt you can’t repay. Ask us about our tailored service for those with over £100,000 in debt and equity in their home.