If you have considered Bankruptcy and Individual Voluntary Arrangements and feel that neither of these are right for you, there are a number of informal options which we can discuss with you. These include:

  • Re-mortgaging/Re-financing
  • Debt consolidation
  • Negotiated settlement with creditors
  • Debt Management Plan
  • Debt Relief Order (DRO)
  • County Court Administration Order (CCAO)

Whilst Thomas Westcott Business Recovery & Insolvency do not deal directly with all of these informal options, we can discuss with you the merits in the first instance and put you in touch with the right organisation to consider them further.