Insolvency Circumstance collection

Bankruptcy Circumstance

Becoming insolvent through bankruptcy

Debt Relief Circumstance

A debt relief order (DRO) is one way to deal with your debts if you don’t own your own home, don’t have much spare income, and your debts are £15,000 or less.

Individual Voluntary Arrangements Circumstance

An Individual Voluntary Arrangement (IVA) is an agreement with your creditors to pay all or part of your debts. You agree to make regular payments to an insolvency practitioner (IP), who will divide this money between your creditors.