Head Office: Irwin & Company, Station House, Midland Drive, Sutton Coldfield West Midlands B72 1TU
People get into debt for all sorts of reasons. Debt is emotive and there is little point in the “burying heads in the sand syndrome”, albeit understandable. Unless financial difficulties are faced with determination and resolve, the slippery slope to bankruptcy is inevitable. Here at Irwin & Company we have spent more years than we care to remember helping people to overcome their debt problems and return to a normal life. Our fully trained staff can discuss, and make a preliminary assessment of the solutions available to you.
If you have answered yes to any of these questions, then you need to take action.
There are two main categories of personal insolvency procedures that are currently available to the individual:
Bankruptcy or an Individual Voluntary Arrangement.
The Insolvency Service, which is a government body, maintains and Individual Insolvency Register which is a public register containing details of bankruptcies and Individual Voluntary Arrangements that are either current or have ended in the last 3 months. It also contains current bankruptcy restrictions orders and undertakings, and current debt relief restrictions orders and undertakings.