Pre-insolvency advice Pre-Insolvency Advice

At Bell & Company, we’re here to help you manage that gap, so if you’ve overstretched your capacity and now find yourself facing potential Insolvency or Bankruptcy, call us now for impartial advice on how to resolve your debt problems.

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Pre-Insolvency Advice

Although it may seem that insolvency (e.g. bankruptcy) is inevitable, it may not be the best option for you. Bell & Company can provide alternatives to formal insolvency.

Many advisors will tell you that bankruptcy or an IVA will solve your woes. This could be the case but the outcome is dependent on your entire financial situation.

This option could result in the loss of assets such as your home, can impact your finances in the future and can even prevent you from having certain jobs.

How can we Help?

Bell & Company will carry out a complete review of your financial situation including what you owe, what you can pay and your assets.

Based on this, we can devise a strategy that suits you. This could be a formal insolvency route or an informal negotiation with creditors.

If an informal settlement is the best option, we carry out all negotiations on your behalf and will work until we reach a ‘full and final’ settlement.

A Full and Final Settlement (F&F) happens when a creditor agrees:
– To accept less than the whole debt claimed (“full debt”)
– That they won’t take action to recover the rest (“final”).

This means that by the end of your case, you will be debt-free.

Why Informal is Better

In most cases, we recommend an informal route because:

    • Formal insolvency procedures are avoided
    • There is more room for flexibility in negotiations, yielding a better result
    • There is less impact on your future finances
    • Reduced costs
    • Legal proceedings and associated costs are avoided
What to do Next
If you are facing the prospect of insolvency or bankruptcy, get advice as soon as possible. We advise everyone who may be facing these situations to know all options available. We can provide that.
With our Specialist team who have helped hundreds of people in similar situations. Insolvency can always be avoided if you get the right advice.

Tick iconYou Can Trust Bell & Company

1. We will devise the best strategy for you
2. We will see every case through until the end
3. We are experienced in negotiating with Creditors
4. We have helped hundreds of clients

Successes Achieved >>

Free Initial Case Review

From the outset, we establish clear bottom lines with our clients, so we understand what their priorities are and what must be protected. We then create a strategy to navigate the way out of corporate and personal debt with impartial advice and rigorous action.

Specialist, Impartial Advice

The team at Bell & Company combine technical expertise with over a decade’s experience, to find the strategies and solutions to resolve our clients’ debt dilemmas. This means that when you’re with us, you can be assured that we’re working for your best possible outcome.

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