Burying your head in the sand will not make financial problems go away; they will only get worse. However, help is at hand! At Morecrofts, our specialist personal insolvency team are experts in insolvency law and can help you deal with financial worries and take aware the burden and fear of addressing the problem.
We can help you examine what is in your best interest, guide you through the alternatives and help you achieve the best option open to you such as an individual voluntary arrangement (an “IVA”) whereby you reach an agreement with your creditors to pay them a portion of the debt over a period of time or to help you make yourself bankrupt.
If bankruptcy is the only option open to you then we can help you to make yourself bankrupt for a fixed fee and take you through the process step by step so that it doesn’t feel so daunting.
If you have already been made bankrupt by someone else then we can advise you on how you can get out of bankruptcy (known as annulment) or other exit routes such as a voluntary arrangement.
We can also advise you on the consequences of bankruptcy and any claims made against the matrimonial home or other property (which you owned or had an interest in) by your Trustee in bankruptcy.
At Morecrofts we understand our clients’ needs so we provide a detailed estimate of our legal costs and expenses at the outset, ensuring there are no nasty surprises along the way.