Understand all possible options
The prospect of bankruptcy is a stressful situation for any individual or business owner(s) to have to go through. Our team of bankruptcy lawyers are here to provide you with practical advice and solutions that will enable you to understand your legal position and make an informed decision on what to do next.
Before jumping into applying for bankruptcy it is important to fully review if other options may be available to you, and if not, how will becoming bankrupt effect you and your family. There may be ways to reduce your financial problems without having to declare bankruptcy.
We can help assess and advise on your current situation and provide recommendations on possible remedies. This may involve negotiating with creditors to agree on a revised repayment schedule or assessing eligibility for pre-bankruptcy schemes such as the Debt Repayment Scheme (DRS).
In situations where a bankruptcy application is required, we will support you through this process.