For creditors and individuals concerned with personal insolvency issues, PwC
provides innovative and practical solutions. Whether acting as a Trustee in
Bankruptcy or developing an Individual Voluntary Arrangement, our sensitive
approach, specialist experience and leading-edge methods enable creditors to
maximise recoveries while helping individuals avoid a potentially disastrous
slide into bankruptcy.
How we can support
you
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Potential issues
- As an individual in financial difficulty you find yourself facing
bankruptcy and want some practical advice and help
- As a professional individual you may lose your professional status if made
bankrupt and need to look for an alternative solution
- As a creditor you need to manage your exposure to losses
- As a credit manager within a company, you constantly receive notices of
creditors meetings regarding bankruptcies and would like someone to evaluate
these for you en-bloc at no charge.
How we can support you
- By helping creditors find straightforward and practical solutions for cases
of any size
- With leading-edge expertise and specialist bankruptcy processing centres -
to minimise costs and maximise recoveries and to encourage the payment of
dividends to creditors as early as possible
- Individual Voluntary Arrangements (IVA) avoid the stigma of bankruptcy
- IVA is a confidential process between individual and creditors
- IVA provides a flexible approach to asset realisation and payment
schedules
- Through IVA an individual can continue to trade a business and does not
face debarment from professional associations.
PwC's personal insolvency services include
- Personal insolvency advice
- Acting as Trustee in Bankruptcy
- Individual Voluntary Arrangements.
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