Whatever your personal financial difficulties as an individual, it is always better to seek advice sooner, rather than later. There is something to be said for the famous quote “a problem shared, is a problem halved”. All too often, people are consumed by their financial troubles but the sooner you get some professional advice, the more likely it is that any issues can be resolved more easily.
Everyone and every scenario is different and our team are dedicated to providing the best advice, tailored specifically to your situation.
It may be that your financial troubles are not sufficient to warrant a formal insolvency process. In many cases, we find that some practical and pragmatic advice about cashflow management and budgeting is enough to solve the problem. However, in those situations where this is not enough, the main options for personal insolvency processes are: -