Bankruptcy Alternatives

There are a number of ways to avoid bankruptcy. Bankruptcy is not a solution to all your debt problems. Consider taking some professional advice.

Initially you can try to reach an informal arrangement with your creditors, providing them
with a realistic timetable of when you can repay them what you owe.

• Individual Voluntary Agreement ( IVA)
• Debt Management Plan
• Debt Consolidation

An IVA “Individual Voluntary Arrangement” is a legally binding agreement between you and your creditor, avoiding Bankruptcy and publicity

If you are a homeowner and there is sufficient equity in you home you could re-mortgage to repay your debts, provide yourself with a clean start and look towards a Debt Free future .

Get free private help and professional advice on bankruptcy alternatives in the UK.Fill our confidential online enquiry form

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