The Daniel Chandler Approach IVA/Trust Deeds and Bankruptcy Whatever the nature or scale of your financial problem, DC’s licensed Insolvency Practitioners have the expertise.  We deal with people who are experiencing financial difficulties. As well as having the capability to handle assignments of any size anywhere in the UK, DC will implement a commercial plan designed to achieve the best solution for all the parties concerned.

But remember - bankruptcy is not always the answer!

At Daniel Chandler, we endeavour to make sure that it is the final option.

Before considering Bankruptcy, could an Individual Voluntary Arrangement (IVA) or Trust Deed as they are known in Scotland, be the answer? Choosing an IVA or Trust Deed is only likely to be useful if you have an income or assets but for some reason cannot persuade creditors to accept an equal distribution or partial write off of your debts. An IVA or Trust Deed allows common sense to prevail, particularly when someone needs to remain in business to be able to pay creditors or sell assets.
Could this be the answer? Click here.

Bankruptcy on the other hand can be the solution if you owe a lot of money, have no assets, and can see no way of ever paying the debts off.
Is Bankruptcy the only option? Click here.