Trust us to use our skills and expertise and work with you to tailor personal debt solutions that are right for you. Our debt advice is always objective and without obligation.
What is Personal Insolvency?
Personal insolvency is where an individual, as opposed to a company, can't pay their debts as they fall due, and that can arise for a number of reasons such as illness, redundancy or marital problems. When this happens and a person has assets, ultimately their creditors could force a realisation of those assets.
Will I Need to Sell My Home?
In the situation where a person has a house and there's some equity in it, then their creditors could ultimately force a sale of that property. So it's very important that as soon as a person owing money realizes they have difficulties, they come and talk to us for advice. Your creditors can be very sympathetic, so long as they are approached as early as possible.
Using a Regulated Insolvency Practitioner like Griffin & King?
It's often difficult to tell whether somebody advertising is actually a regulated insolvency practitioner. There are a lot of people advertising on the internet, and it's a bit hit and miss as to exactly what qualification they have and whether they're regulated or not.
The Drawback of Going to an Unregulated Firm
Unregulated firms cannot provide an IVA solution, and for that reason the advice that they give is unlikely to be entirely balanced. The good thing about an insolvency practitioner is that they can provide all of the options available and they are obliged to provide you with objective and ethical advice.
Meetings us Face to Face
We always recommend a face to face meeting as we feel it's best for you to fully understand the situation and indeed ourselves to fully understand what the problems are. If it is not possible for you to come into our office, we'd be pleased to come and visit you at your home or office.
At Griffin & King we can happily assist you with a range of both personal debt and business debt solutions.
Personal Debt Solutions
