Debt solutions & consumer proposals in Cranbrook

Debt can be devastating and make you want to make impulsive decisions in order to get out of it. Declaring bankruptcy can be a viable option to escape financial doom and gloom but it is important to seek specialist advice on your options before you take final action.

We offer a specialist bankruptcy service to provide debt relief solutions to clients who are on the verge of losing their property and assets.

You can find out more information about our bankruptcy solutions here or contact us and a member of our team will be happy to advise you.

When a company finds itself unable to pay its debts, it may declare itself bankrupt. This is known as corporate bankruptcy.

Company directors can be personally liable for any debts the business has racked up and bankruptcy can also terminate the jobs of many employees of the company.

For businesses facing corporate bankruptcy, we offer specialist advice and practical solutions to make sure that you understand every option that you can take and place your business interests at the heart.

You can find out more information about our corporate bankruptcy solutions here or contact us and a member of our team will be happy to advise you.

Consumer proposals are a more attractive alternative to declaring bankruptcy. Upon declaring bankruptcy, you surrender your assets to creditors in order to settle your debts.

However, a consumer proposal puts you on much more of a level playing field; allowing you more control and the luxury of keeping your assets.

A consumer proposal is an agreement between the party in debt and the creditors to negotiate debt repayment which means that you are able to pay back your debts over a longer period of time and in smaller installments.

We offer services to negotiate consumer proposals on your behalf. You can find out more information about our consumer proposal solutions here or contact us and a member of our team will be happy to advise you.

When a business is unable to pay off its debts and its debts are more substantial than its assets, the business is said to be in a state of corporate insolvency.

Insolvency is seen as bankruptcy for a company and is usually the purgatory between outstanding debt and liquidation. Once a company becomes insolvent, an important decision must be made as to whether actions will be taken to rescue the company or allow it to dissolve.

We offer specialist advice on corporate insolvency.  You can find out more information about our corporate insolvency solutions here or contact us and a member of our team will be happy to advise you.

Debt settlement is an agreement between the party in debt and creditors to negotiate a financial strategy to reduce debt.

You can find out more about our debt settlement service here or contact us and a member of our team will be happy to advise you.

Unlike debt settlement which involves establishing an agreement to negotiate reducing or diminishing debt repayments, debt consolidation involves taking out a loan to pay outstanding debts.

As appealing as it sounds, debt settlement can impact negatively on your credit score and is usually the last resort taken to avoid bankruptcy.

Debt consolidation is a better option if your debt has not overtaken you completely and you want to reduce your monthly payments.

We offer a specialist debt consolidation service to assist with financial troubles. You can find out more information about our debt consolidation service here or contact us and a member of our team will be happy to advise you.