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Other Options for Individuals

Which way should I turn?

What else can I do if I’m insolvent?

It might be the case that neither a bankruptcy or an IVA works for you. There are some other options for you to consider. These include:

  • Negotiated agreement with creditors
  • Debt consolidation or reorganisation
  • Debt Management Plan
  • County Court Administration Order (CCAO)
  • Debt Relief Order (DRO)

Bishop Fleming Business Recovery and Insolvency doesn’t deal directly with all of these procedures, but if we think they’re the right direction for you to take, we can put you in touch with one of our partner organisations, who’ll take you the rest of the way.

Your Personal Debt Advice Team

Insolvency News

Estate agents facing financial meltdown

As many as 1 in 4 estate agents are showing signs of financial distress due to falling house sales, increased online competition and rises in stamp duty. A recent survey suggests over a quarter of estate agents in the UK are showing signs of financial distress. The number of property sales in the UK have […]

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Bishop Fleming Strikes Gold for Client Services

Leading professional services firm, Bishop Fleming, has been awarded Gold status by the independent customer services agency, Investor in Customers (IIC), in its latest survey of clients and people. The firm, which delivers accounting, tax and advisory services to businesses and private wealth advice to individuals, has been recognised for its “exceptional” service to clients […]

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Other options