Personal Insolvency Overview
Sadly, not all individuals in difficult situations can avoid the reality of creditor
demands for payment. The prospect of bankruptcy and facing insolvency issues can be
very stressful, not only because of the legal complexities involved in the process,
but also the emotional issues, however, bankruptcy is not the inevitable outcome,
with the right advice at the right time bankruptcy can generally be avoided.
There are a number of alternatives to bankruptcy, but the key point is to act early
and get excellent professional advice.
Norrie & Daughters has an experienced team of insolvency specialists well versed in
debt restructuring and insolvency matters who can guide you through the range of
insolvency options available to you. We have an enviable track record of successful
outcomes. Norrie & Daughters can help individuals facing financial adversity to
develop, propose and implement the most appropriate strategy in the given
Where a viable debt restructure or debt management plan is not possible Norrie &
are well placed to guide the individual through the bankruptcy process,
how to remain a contractor, be self-employed or work for a relative.
If you are a bankrupt wanting to be self-employed, Norrie & Daughters offers a
unique service whereby we act as financial supervisors for a significant number
of bankrupt persons who we have got back into business.
Whatever the recommended course of action, and there may be a number
of options, we will ensure our advice relates to the specific circumstances
of the individual.