Personal Insolvency Services

F A Simms & Partners Plc can advise on all aspects of insolvency procedures from planning to implementation.

  • We can provide advice and help to people struggling to afford the monthly payments on unsecured debts such as credit cards and personal loans.
  • We can assist individuals who are looking to set up an Individual Voluntary Arrangement (IVA) to reach a final settlement of their debts.
  • We can help people threatened with or considering bankruptcy.


Debt Advice

Whether you want advice about your current situation or assistance with solving your personal debt problems, our team of debt experts will be able to help.

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IVA (Individual Voluntary Arrangement)

An IVA is an alternative to bankruptcy introduced by the government as part of the Insolvency Act 1986. It enables an person in debt to make a proposal to the people they owe money to (creditors) to reach a settlement.

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Bankruptcy

Filling for bankruptcy is an option that individuals have when they are unable to pay off the debts that they have accumulated. For some people bankruptcy provides a short term final settlement to a serious debt situation, for others it is the only option available.

FA Simms can advise you on bankruptcy and alternatives which may be more suitable.

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