Personal Insolvency can take many forms and there are several options if you are suffering from extreme personal cash flow problems and cannot pay your debts.
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Bankruptcy
Find out more…Bankruptcy is a form of insolvency, that is, a declaration that you are insolvent.
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Individual Voluntary Arrangement (IVA)
Find out more…An IVA is a formal alternative for individuals wishing to avoid bankruptcy.
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Partnership Voluntary Arrangement (PVA)
Find out more…Partnership Voluntary Arrangement is an agreement with unsecured creditors to repay a proportion of business debts.