Personal debt is an issue encountered by many people and it is easy to lose control of your finances when faced with a difficult situation. In addition, being in financial difficulties can be a very lonely place to be.

It is important to seek help if you are having financial difficulties of any kind, such as struggling to meet your monthly outgoings, falling into arrears with payments due on loan arrangements or other financial obligations, facing Court action for monies due, or being pursued for payment under a personal guarantee. The earlier that you seek advice, the more options may be available for consideration.

When experiencing financial difficulties, bankruptcy proceedings may be one option to consider.  Our highly experienced team can advise you on the implications of bankruptcy and the legal restrictions it would impose upon you.

Alternatively, a creditor may be pursuing you for repayment of a debt due, and may look to serve a statutory demand and/or bankruptcy proceedings against you. We can advise you on whether it is appropriate to defend such an action and, if so, guide you through that process.