Personal Debt | IVA | Debt Management | Bankruptcy
Businesses with Personal Debt
If you are Self Employed, in a Partnership, or part of a Limited Company and you have personal debts separate to the business, there are debt solutions available to help you get back on your feet. It can be a very stressful situation for you, never mind having to run a business. You or your company should not have to suffer due to any financial challenges that may come your way.
BusinessDebtAdvice.co.uk offer guidance and help for people and business suffering with debt. Give our professional Debt Advisors a call and we will be happy to discuss any debt, financial or business matters with you.
Our Debt Services
We offer a range of services to help you and your business with your personal debt.
Free, confidential debt advice
Our debt advisors are happy to help with any query you may have regarding your business debts or your personal debts.
Call 0808 186 9850 for debt advice.
IVAs (Individual Voluntary Arrangements)
The IVA is available to people with debts in the UK and Northern Ireland. It is a formal debt solution between you and your creditors that allows you to pay back a percentage of your debts.
Call 0808 186 9850 if you want to know more about an IVA.
PVAs (Partnership Voluntary Arrangements)
A PVA or Partnership Voluntary Arrangement is similar to an IVA, although it is tailored to suit the needs of a Partnership company. A PVA will be a more intricate procere as it depends on which of you has the personal debt, or maybe it's both of you, or there may be personal debt and company debt. The best course of action regarding Partnership debts would be to contact us to discuss it.
Call 0808 186 9850 if you want information on a PVA.
Trust Deeds - For people with debts in Scotland
Also known as the alternative to the IVA, a Trust Deed is a formal agreement between you and your creditors to pay back a percentage of the debt that you owe.
Call 0808 186 9850 for more information on Trust Deeds.
Debt Management Plans
A Debt Management Plan is an informal agreement with your creditors where you pay back your debts on a reduced monthly payment.
Call 0808 186 9850 for information on a Debt Management Plan.
Bankruptcy Advice
Bankruptcy is the legal term given when you are unable to pay any of your debts. It can be a very daunting process and also puts threats on your business. There are alternatives to Bankruptcy, but sometimes it can also be the best option for you.
Call 0808 186 9850 for advice on Bankruptcy.
Other Debt Advice Services
- Advice on Loans
- Administration
- Liquidation
- Receivership
For a Free Business Review click here
For more on Liquidation call Business Debt Advice on 0808 186 9850 |
