Personal insolvency

Insolvency doesn’t have to mean bankruptcy. Professional advice can help you to restructure your finances, manage creditor exposure and reduce future risk.

Constrained financial circumstances can be challenging to deal with and how you handle them will determine the impact they have. If unpaid bills start mounting up or debt collection agencies get involved, it’s important to understand your rights and obligations as soon as possible.

The potential for personal insolvency can be intimidating, but there are several avenues that can help to resolve a difficult situation. By evaluating all your options and thoroughly reviewing your circumstances, we can help put you on the road to recovery.


Meeting your needs


Insolvency can be an overwhelming experience. Our highly empathetic team is here to help you look to the future instead of holding on to the past and get you back on the right financial track.


We understand that the repercussions of insolvency can be intimidating. We look at all options to identify the most sensible, practical solution to minimise costs and, where possible, avoid bankruptcy.


Our sympathetic approach gives you direct access to highly qualified professionals with vast experience in all areas of personal insolvency.


How we can help

  • Individual voluntary arrangements (IVAs): A private rescue procedure offering an alternative to bankruptcy, giving debtors more control over their own financial affairs while avoiding the duties, expenses and fees involved in bankruptcy proceedings.
  • Bankruptcy: As a last resort, we offer personal insolvency advice and can act as a trustee for creditors at no charge, as a trustee following a Secretary of State appointment, and/or as an interim receiver pending the hearing of a bankruptcy petition in circumstances where assets are in jeopardy.
  • Ad hoc advice: We can also advise you on your rights to retain property including pension rights, and assess the possibility of proposing an IVA as an alternative to, or an exit from, a bankruptcy process.


Our credentials


A top ten UK accountancy firm, as ranked by Accountancy Age.


Much of our work comes from referrals through our established relationships with intermediaries and existing clients.


A member of R3: the association of business recovery professionals.


Our partners and directors regularly contribute commentary on restructuring and recovery issues in the national and trade press.


You can view our list of insolvency licensing bodies here 

Contact us

Gil Lemon
Gil Lemon

Partner Bristol +44 (0)117 376 2145

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