Pre-Insolvency is not always the best outcome for everyone. It is completely dependent on individual circumstances. Bell & company are different because we offer impartial advice to all clients and are able to advise on all options considering potential strengths and weaknesses. We offer a free consultation to review and assess all options and the merits of each.




  • A formal insolvency procedure is avoided
  • There is more room for flexibility in negotiations yielding a better result
  • A tailored settlement can be adapted to suit all parties
  • A better return for all creditors involved
  • Reduced costs
  • Issues are usually dealt with on a consensual basis;
  • Legal proceedings and associated costs are avoided;
  • Relationships between creditors can be preserved


What is a Full & Final Settlement?

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

This is sometimes called a “partial settlement” or “short settlement”

Bell & Company offer Independent and Impartial advice to assess all options available. A full financial review will be conducted to assess the merits of formal and informal insolvency routes dependant on individual circumstances. You can read more about formal insolvency advice here.

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How you can beat debt Debt is a problem that affects millions of people all over the world. In the UK specifically, over 8.3 million families are currently living in debt, with this often causing people emotional stress and anxiety as well as financial problems. In Newham, London, more than 20% of the people living…

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November 24, 2017 | 0 Comments

As we near the end of 2017, we reminisce about Bell & Company’s success at the Belfast Business Awards. On Friday 26th May  2017,  Bell and Company were crowned winners of Customer Service Excellence, Professional Business Service in the Belfast Business Awards. The prestigious event was hosted by Belfast Chamber of Commerce. The category saw…

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November 22, 2017 | 0 Comments

The global financial crash of 2008 is widely considered to have been the worst financial crisis since The Great Depression of the 1930s. Banks went bust, unemployment levels rose and many governments embarked upon austerity measures in an attempt to reduce enormous budget deficits the recession had laden their respective countries with. Earlier this year The…

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Settlement of £78,000 on a £1.2 million liability – Savings of £1,122,000
November 16, 2017 | 0 Comments

In November 2017 we helped a client out of a huge Crystallised Shortfall   A farming client previously held a large property portfolio which was sold, leaving a crystallised balance of £1,200,000.   The Bank was pursuing the balance and commenced legal proceedings to recover the amount.   On appointment, Bell & Company initiated meetings with the…

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Personal Guarantee exposure, 97 jobs saved and savings of £560,000
November 16, 2017 | 0 Comments

In October 2017, Bell & Company assisted a multi-site Northern Ireland business with Personal Guarantee exposure.   The clients instructed Bell & Company regarding their Personal Guarantee Exposure of £200,000 and potentiality loss of the company properties to a Fixed Charge Receiver.   The closure of the company would result in 97 employees losing their jobs…

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Will property costs in the UK continue to rise?
November 15, 2017 | 0 Comments

Property costs in the UK For many of us, property prices are simply too high. A sizeable majority of us are priced out of living in our capital where, along with higher living costs, you’ll find the average house price to be a whopping £481,556. Perhaps soaring prices are to be expected in Britain’s capital,…

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First-time investor left with large shortfall
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Bell & Company were contacted by a gentleman who had been left in negative equity on his home. This was the gentleman’s first time investing in property, and unfortunately, just took out a mortgage at simply the wrong time, and had the possibility of insolvency looming over him. At Bell and Company, over our years…

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‘Buy-to-Let’ property stress
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Bell & Company finalise successful negotiations on a buy-to-let property. An older couple based in England approached our company regarding a property they had bought to rent as a holiday home in the south of the country. The lender was known to be notoriously difficult to deal with, so this was an ongoing battle between the…

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