Managing Personal Financial Distress
Managing personal finances can be very stressful. From time to time, circumstances changes and you find yourself in a position where either you cannot pay your personal debts or you are worried that you are not going to be able to. We can help.
Negotiations with Creditors
We can provide assistance with talking with your creditors, trying to agree payment plans which enable you to pay off your debts over time.
HMRC Advice
There are often circumstances in which HM Revenue & Customs (HMRC) are owed money by individuals, such as self assessment tax or capital gains. Where payment has not been made and HMRC are pursuing the payment of monies owed, we can help to negotiate with HMRC to provide breathing space to deal with debt.
Personal Guarantees
Unfortunately, from time to time, a business failure may lead to Directors or Shareholders becoming personally liable for certain debts as a result of signing personal guarantees (PG). We can assist with managing liabilities arising from PGs and negotiating with lenders to deal with repayment.