SERVICES
Personal Insolvency Services
ABOUT THE SERVICE
When do you need assistance with Personal Insolvency matters?
Your Debts are Becoming Unmanageable
If you're struggling to pay your debts as they fall due, including credit cards, personal loans, and bills, it's a clear sign that you need to take action to avoid falling deeper into debt. Our personal insolvency service can help you explore your options and find the best solution for your unique situation.
You're Facing
Legal Action
If you're facing legal action by creditors, such as a court judgment or bankruptcy petition, it's essential to seek expert advice to protect your rights and assets.
You're Experiencing Financial Hardship
Unexpected circumstances such as job loss, illness, or divorce can quickly lead to financial hardship, making it difficult to meet your financial obligations. Our personal insolvency service can help you navigate these challenging times by providing practical solutions tailored to your unique needs and circumstances.
HOW CAN WE HELP
dVT offers personalised debt solutions, including debt consolidation, debt agreement, or personal insolvency agreements, tailored to your unique financial situation, with the goal of helping you achieve a fresh start and get back on track financially.
Bankruptcy
An individual may declare themselves bankrupt or may be so declared as a result of a creditor petition. The process permits the Trustee to investigate the debtor’s financial affairs and provides relief from the pressure of creditors.
Part X Arrangements
Part X of the Bankruptcy Act provides similar powers and responsibilities to the Registered Trustee, as those available to the Voluntary Administrator of a corporate insolvency. Individuals in difficult financial circumstances who wish to reach an agreement with their creditors may seek a Part X alternative to bankruptcy. A Registered Trustee is able to work with the debtor to deal with claims, and to help resolve the problems that contributed to the solvency difficulties.
Informal Arrangements
When the quantity of creditors is small, it may be possible to negotiate with them without the need for a formal insolvency appointment. Costs can be contained by dealing informally with creditors and striking repayment arrangements.
Debt Agreements
If the debtor meets criteria concerning income, assets and debt quantum, a debt agreement may be an appropriate, reduced cost method of resolving a personal solvency problem. Similar to a Part X arrangement, a debt agreement, once ratified by creditors, releases the debtor from their debts.
THE DVT DIFFERENCE
What Makes Us Your Best Option?
Experienced Professionals
Our team of highly experienced professionals is dedicated to helping you find the best debt solution for your individual circumstances. With extensive knowledge and expertise in insolvency law, we can offer personalised advice and guidance to help you achieve financial stability.
Personalised Approach
We understand that every individual's financial situation is unique. That's why we offer a personalised approach that takes into account your specific needs and goals. Our team will work with you to analyse your financial situation and recommend the best debt solution for your circumstances.
Long-Term Financial Stability
At dVT, we focus on long-term financial stability. We provide ongoing support and guidance to help you achieve your financial goals, even after your debt is discharged. Our team will work with you to develop a personalised financial plan that meets your specific needs and helps you achieve a brighter financial future.
TESTIMONIALS
We commit ourselves to giving our clients the best chance of success.
Ways We Help
Comprehensive Financial Solutions for Your Business
Strategic solutions to help underperforming businesses return to profitability and long-term success.
Expert assistance to help businesses navigate financial difficulties, including voluntary administration and liquidation.
Personalised support for individuals experiencing financial distress, including debt agreements and bankruptcy.
Professional advice and services for creditors, directors, and companies involved in receiverships and related matters.
Assistance with Insolvency-related appointments for Individuals.
CASE STUDIES
Get inspired by our clients
