64-66 Westwick Street, Norwich, Norfolk, NR2 4SZ.
01603 883 443
Licensed Insolvency Practitioner: Richard Cacho
New Broad Street House, 35 New Broad Street, London, EC2M 1NH.
0800 288 4088
covering the London Metropolitan area, Berkshire & Surrey.
CB1 Business Centre, 20 Station Road, Cambridge, CB1 2JD.
covering the Midlands
Castlemead, Lower Castle Street, Bristol, BS1 3AG.
covering the south West including Bath, Plymouth & Exeter.
Falcon Drive, Cardiff Bay, Cardiff, Wales, CF10 4RU
Pinnacle, 67 Albion Street, Leeds, West Yorkshire, LS1 5AA.
covering the North East including Sheffield & Newcastle
RCM's specialist personal insolvency services provide simple advice and solutions to individuals experiencing personal debt problems.
An Individual Voluntary Arrangement ("IVA") is an alternative to personal bankruptcy, which is a legally binding agreement between the individual and his/her creditors, which involves adhering to a repayment schedule (usually) over 5 years.
An IVA allows the individual to avoid bankruptcy provided the debtor meets creditors' requirements (pursuant to the IVA) through regular repayments and a final recovery of a percentage of the total sum owed.
Bankruptcy is one way of dealing with debts, which you are unable to pay. Bankruptcy proceedings free you from overwhelming debts, subject to some restrictions; and make sure your assets are shared out fairly among your creditors. Anyone can go bankrupt, including individual members of a partnership.
We have a dedicated team who can answer any other questions you may have. They'll talk you through the pros and cons based on your personal circumstances so you can make an informed decision.
Call for FREE confidential advice now....
Head Office - Norwich London Cambridge Bristol
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