The misconceptions of Bankruptcy Exposed

Bankruptcy, the “B” word, is feared by many. This is often as a result of uninformed misconceptions. There is a possibility of positive and negative outcomes depending on the individual situation. However, regardless of the outcome, Bankruptcies are on the rise. This week we had 23 queries in relation to Bankruptcy. Individual Bankruptcies have increased…

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Summer successes

For many, summer is downtime for relaxation and rest with schools off and holidays to be had. As ever, at Bell & Company, we are working to steer our clients out of the burden of debt. Read below for some of our summer success stories. £85,000 saving for working family Our clients in this situation…

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What are debt strategists?

Bell & Company are the UK and Ireland’s leading Debt Strategists, that simply means we develop a strategy to best alleviate a client’s debt burden. We are approached daily by over extended borrowers and tailor our advice to their individual circumstances to ensure there is a realistic and pragmatic option for them. Our Experience With Lenders…

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Loan Sale – What does this mean?

With the recent controversy surrounding Ulster Bank’s sale of 5,200 ‘non-performing’ home loans, the topic of loan sales comes to the fore. People whose loans with the likes of AIB, First Trust and Ulster Bank have been sold would have been notified by letter that their loan had been bought by third parties such as: Everyday…

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4 REASONS WHY you should appoint an Intermediary

4 reasons to appoint an intermediary

  A question we often hear from potential clients in their initial consultation is why can’t I do this myself? In short there is nothing stopping you from liaising with your creditors yourself. However, we know that the process is much smoother, less stressful and often more successful with expert assistance. Intermediaries like ourselves carry…

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Liquidator of a Company – Do I have Personal exposure?

liquidator of a company

The failure of any company is distressing enough, and all company debts would be dealt within the liquidator’s work. There could be elements of the liquidation that cause personal exposure and put your assets such as your home, car or savings at risk. Personal Guarantees This is an area we specialize in. Personal Guarantees may…

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Personal Guarantee – Now I’ve received a Statutory Demand!

Personal Guarantee

Personal Guarantee A call on a personal guarantee can be very stressful but it may be managed with meaningful, professional engagement with the creditor. If it is ignored or the wrong representation is made, often by ‘misplaced help’, then the situation can quickly deteriorate. Statutory demand Very often the creditor will issue a Statutory Demand,…

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Retail World – FRI leases, the devil’s spawn

Retail World – FRI leases, the devil’s spawn   We hear on a weekly basis, at the moment, of the demise of retailers with a headline involving House of Fraser, Mothercare, any number of restaurants and most recently Poundworld* availing themselves of CVA’s. The sole reason for this approach allows these ‘mega-retailers’ to excuse themselves…

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Personal Guarantees – IS MY HOME AT RISK?

personal guarantees is my home at risk

Personal Guarantees – IS MY HOME AT RISK? Personal guarantees are a scourge on entrepreneurial life which very often rear their heads during economic downturns and specifically with a business failure. A Personal Guarantee is sought to typically cover: Limited company finance, in whatever form, to bring as the finance provider would see as a…

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