Personal Debt Services & Solutions

At RMT Accountants, we recognise that financial difficulties can be challenging and stressful. Many individuals struggling with debt are unaware of the range of solutions that may be available to them. If you are facing personal financial challenges, you should seek personal insolvency advice from a professional early on. Our specialist team is dedicated to helping those affected by personal insolvency, as it can have a direct effect on the family and personal life of an individual.

Expert Debt Services

Our dedicated debt specialist helps people and companies negotiate personal insolvency so that financial problems do not interfere with personal or professional life. Having years of expertise managing Individual Voluntary Arrangements (IVAs), bankruptcy, and other personal insolvency solutions, we can help you choose the best line of action.

Alternatives to Bankruptcy

We have extensive experience dealing with bankruptcy, IVAs, and partnership issues. However, bankruptcy is not always the only option for those facing financial difficulties.

There are several alternatives to bankruptcy that can provide relief while allowing people to keep control of their assets and financial futures. Debt management plans, individual voluntary arrangements (IVAs), and trust deeds are all options for structuring affordable repayments while reducing creditor pressure. We assess your specific situation and assist you in exploring the best options for regaining financial
stability.

Debt Management Plans

Should it be appropriate for your situation, we can work with you and create a tailored debt management plan meant to enable you to efficiently and reasonably handle repayments. This strategy could let you take charge of your money instead of declaring bankruptcy, so guaranteeing creditors get regular payments. We can also negotiate reasonable payment terms with creditors on your behalf, tailored to your specific financial situation.

Personal Insolvency Support from RMT Accountants

Understanding your debt problems and finding the right solutions can be difficult, but we’re here to help. We offer an initial free advice session to allow you to discuss any issues with us in a confidential and professional environment. This will help us to establish whether we can assist you, and if appropriate, your business. Our approach is straightforward, professional, and empathetic, ensuring that you receive the best possible support.