Bankruptcy

Bankruptcy is a procedure designed to deal with the affairs of an insolvent individual for the benefit of his or her creditors by a licensed Insolvency Practitioner who is referred to as a Trustee.

Bankruptcy Advice

When a person becomes bankrupt, control of their assets (referred to as their estate), with some exceptions, pass to the trustee who realises them for the best possible value and distributes the proceeds to the bankrupt’s creditors. We provide advice to individuals on whether bankruptcy is right for them and explain the benefits and consequences of bankruptcy on their particular circumstances.

We also act as Trustees of Bankruptcy estates to recover assets for the benefit of creditors and advise creditors who are experiencing practical issues with the Trustee of their estate.

If you require any bankruptcy advice or other advice, information or assistance, please contact us

Working with you

We will work with you to explore your situation in detail and provide clear, jargon-free, honest advice. Rest assured, anything discussed with us remains confidential.

All initial consultations are free of charge and without obligation.

When you need help

Call Ruth on 01622 764 612
Call Ruth on 020 7253 7171

Customer Pledge

Always treat you with understanding and empathy
Ensure our fees remain competitive and fair
Communicate these clearly and keep you updated regularly
Ensure that matters are finalised and brought to closure
Treat everything you share with us in confidence
Find solutions to resolve your debt issues
Provide honest straight forward advice
View Customer Pledge

Testimonials

"I would like to re-iterate my thanks to Ruth and her staff for putting my finances back on track, so efficiently and effectively. As a now retired person, I hesitate to imagine my financial outlook had you not successfully orchestrated my IVA."

Mr S

"Ruth and her team helped me through a difficult time in a caring and supportive way. I know I can always go to Ruth for advice and guidance which will be given impartially and fairly for all parties concerned. This is very much an open, clear and professional relationship which I appreciate."

Mr B IVA

"The most important thing about Ruth's approach is she is professional, not pompous. She is sympathetic to clients who have problems, listening and finding solutions..."

Mr M. Referring Accountant

"I found Ruth and her team to be patient and approachable as they were always at the other end of the phone to answer any questions that we may have thereby providing us with comforting assurances as much as possible. They were also frank and candid in telling us where they did not have an answer."

Mr L Company Director

RNFBA on Twitter

Top #tips for #SmallBusinesses under investigation by #HMRC https://t.co/JoeC0ZR1k8 #SME #tax #SelfAssessment #VAThttps://t.co/sXkD4nxZTs
- Thursday Apr 26 - 6:40am

#Investors warn top firms on lack of women in the boardroom https://t.co/Pdm65ZKdnp #FemaleLeaderhttps://t.co/bw09NvWUlH
- Wednesday Apr 25 - 3:50pm

#UKeconomy steady, but "sluggish" https://t.co/ZfJZ4OU6st #economy #growth #GDP #inflation #BoE via @economiamag https://t.co/kqG4QHa6fH
- Wednesday Apr 25 - 11:30am

15 major retailers in #CVA or #administration in 12 months https://t.co/1rHdReK840 #retail #insolvency via… https://t.co/xKjFwqVEau
- Wednesday Apr 25 - 6:40am

Trouble in Paradise: House of Fraser mulls store closures https://t.co/uHYx5l20dB #restructuring #insolvency #CVA v… https://t.co/toxcs2jKhO
- Tuesday Apr 24 - 3:50pm