- PERSONAL INSOLVENCY
Many people are suffering financially at the moment across the UK (and other countries).
Lots of sole-trader businesses have been hit hard by the recession and are struggling through but have a weight of debt hanging round their necks.
People have found it hard to get another job after losing theirs and have used credit for day to day living expenses.
And there are some people who have just taken on too much credit, used credit to pay credit, taken out payday loans with extortionate interest rates and ended up in a vicious spiral of debt.
Whatever the reason is, we can help you get your life back on track by providing you with good solid advice so you can sort out your finances (we will help) and move ahead with confidence.
Some sole traders businesses have been hit really hard, such as pubs and shops. We specialise in helping to these businesses – as we don’t like seeing empty shops and pubs and will do our upmost to keep these running.
The signs that you should act on are:-
- Threats from H M Revenue and Customs
- Threats from the landlord
- Bailiffs knocking at your door
- Legal actions commenced by other creditors
- Suppliers putting sole trader businesses on stop
There are numerous solutions that are available such as debt management plans, loans, debt relief orders, bankruptcy and IVA’s and we will advise you on the most appropriate one for you.