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Bankruptcy and debt management

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Tim Newsome


Head of Dispute Resolution

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Are you facing bankruptcy?

Debts swallowing you up?

If you are facing serious financial problems, we can give you the swift and practical advice that you need. Our specialist debt lawyers are experienced in dealing with the stress and complications that serious cash flow problems can create.

We can advise you on:

  • how your debts can be managed
  • bankruptcy options
  • safeguarding the family home and the joint assets.

When facing multiple debts, solutions such as individual voluntary arrangements or bankruptcy may not be appropriate for you. A debt management plan may be the ideal way to resolve your situation. This works by helping you come to an agreement with your creditors so that your debt repayments are made over a longer period of time.

In the absence of substantial assets, you may be advised to declare bankruptcy. Naturally this is not to be taken lightly, as it can have long term effects on your ability to get finance in the future. Myers & Co can give you the specialist advice and knowledge you need before making a decision. Many people facing bankruptcy fear the prospect of creditors forcing them to sell their home. However, this need not always be the case. Our lawyers will assess your personal situation and advise you on the best options to take.

Alongside our expert team, we also have strong links with leading local insolvency practitioners to assist you. As always, we will ensure that your case is dealt with as speedily as possible.

Based in Stoke-on-Trent, Staffordshire, our specialist solicitors have helped resolve a wide range of disputes. For further advice call us on 01782 577000 or email one of our dispute resolution team members directly.

Make a quick enquiry

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