Archive for April, 2018

Will I Lose My Home in Bankruptcy?

Will I Lose My Home

Will I Lose My Home in Bankruptcy?

The Fear

What’s the biggest fear about bankruptcy or personal insolvency? Ask anyone who has faced this trial and you will get the same answer: losing your home.

When you look at your debt situation and accept it is unmanageable it is practically certain that ‘Is my home at risk?’ will be at the forefront of your mind. The insolvency service even has a publication on this titled “What will happen to my home?” which is viewable by clicking the following link: https://bit.ly/2Hojehu

If there is equity in your home – Trustees will zero in on the family home as an asset to seize and sell to recuperate funds for the creditors.

The Different Advice Can Make

By getting help from experts you can not only save the family home but save yourself from facing a grueling negotiation alone. It is excusable and all too common to try and ignore the issue – it is a natural action in the face of such a stress – but it is entirely the wrong approach.

The fact is if the right steps are taken your family home can be saved, and Bell & Company can assist.

Key Moment to Consider

The appointment of a Trustee in bankruptcy is a key moment. This is when with the right advice you have a chance to start a negotiation. A Trustee will be a court-appointed official usually an accountant, who can not give you advice in this case.

It’s also crucial to understand the motivation of your Trustee in bankruptcy – the Trustee has a laser focus on recovering assets to sell to cover debt – and to ensure the Trustee fees are paid.

It is very difficult for an individual to carry out these negotiations. You probably lack experience and you’re certainly going to be affected by emotion.

To handle Trustee negotiations, the right move is to bring experts such as Bell & Company who have many hundreds of similar negotiations with Trustees before.

How Bell & Company Can Help

Our experts will first help you establish your exact equity position – the value of mortgages versus the value of the home and other debts. Does anyone else have a share in the home? Even if there is not a direct share, Bell & Company can assist in establishing matrimonial interest. Having your spouse as an equity holder limits the options for the Trustee and insulates a chunk of equity from creditors.

By taking the right steps and thanks to the experience in similar situations, Bell & Company will be able to help you take advantage of the options that are available to you – if only you knew where to look.

Personal insolvency and bankruptcy are highly stressful situations to navigate through. But they do not have to be heart-breaking. With the right help, everything is up for negotiation.

Call Bell & Company today: +442895217373  – it’s a phone call to save your home and start you on the road to recovery.

The Benefits of Debt Strategists



Debt strategist might sound like the job title of the bulge-bracket merchant banker in the Square Mile – but that’s not right. A good debt strategist is the vital problem solver every entrepreneur should have in their contact book.

But whether it is business collapse with a personal guarantee attached or household debts that have become unmanageable, a debt strategist can guide you through the minefield of competing claims. Creditors will try to claim there is no way to avoid a wholesale liquidation of assets.


Working without an expert, debt situations can seem impossible. But with the right advice, there are simple steps that can minimise the long-term impact of a crisis.  The reality is that different types of debt can be treated in very different ways – accountants and lawyers have argued the technicalities through the court system for years so knowing having someone on your side who knows how the system works is crucial. We can untangle property debt on homes and break through the negative equity spiral and minimise our clients’ exposure.


Bell and Company has been working as specialist debt strategists for more than 25 years and we are the experts in this niche field. No matter how bad your individual situation its team will almost certainly have sat beside professional people and businessmen with worse problems. Our track record stands for our ability – we have saved our clients more than £100 million in settlements in the past 8 years. Why not avail of a free financial health check from our strategists.


From the outset, the team will take a calm overview of both the debts being claimed and the assets available. The roadmap will take the situation from the absolute worst case and work back toward a settlement that will put a debtor in the best position they could reach. Key elements will include assessment of property debt and examination of potential negative equity resulting from the claim.

Bell and Company can take the strain of every business debt negotiation – long experience of such debt negotiations mean they can tackle lenders in a professional manner with a case that will convince creditors that the settlement offered is the best way forward.


But the team’s work does not stop there. No strategy which is not completely delivered is a good strategy so the conclusion of terms is the start of the implementation.  As Bell and Company have worked with more than 400 clients handling cases with millions of pounds of personal assets such as property at stake, it’s professionals are never taken by surprise by the twists and turns that always occur in any deal. That is why we offer a free initial consultation, so we know the cases we take on can be successful.

Able to react quickly to changes in circumstance or new developments, we will be able to predict the reaction of creditors and so manage their expectations.


In their first five years of existence, four in ten small businesses will cease trading. And looking across the wreckage of the British High Street where household name after household name has seen its shop sign consigned to the skip of history, it is pretty clear that even getting a business to scale is no defense against the disruptive nature of markets today.

Some entrepreneurs are lucky -or skillful – enough to see the writing on the wall and put the shutters up on a failed idea in an orderly manner- suppliers and staff paid, the stock sold and shareholders’ funds shared out.

Alas, it is not always the case in business or in family life that a shock to financial health is anticipated and handled calmly. Resist the all too common urge to freeze like a rabbit caught in headlights and contact our professionals. You do not have to face your debt crisis alone – call Bell & Company today on +44 2895 217 373


The team at Bell & Company are delighted to announce they have again been shortlisted as finalists in the prestigious Belfast Business Awards, under the “Best Company to Work For” category!

In May 2017, Bell & Company won the “Customer Service Excellence, Professional Business Service” award and we feel honoUred to have been shortlisted again with the awards having the highest number of entrants in their history.

Amanda Bell, Director noted “After our success last year, the team decided they wanted to enter this category and we are delighted to be one of the finalists.”

Amanda added “It is a testament to the excellent work ethic and the work culture that has developed in the company!”

The Belfast Chamber of Commerce awards ceremony will take place on Friday the 27th of April 2018 at St Anne’s Cathedral where the winners of all 18 awards categories will be announced. We would like to extend our congratulations to all other finalists over all categories, and we look forward to celebrating together on the 27th.

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