Probitas - Professional Debt Solutions

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Probitas Help Videos

• What we do

  Probitas are insolvency practitioners in Sheffield, specialising in helping people with debt advice, settlement solutions and help with IVAs (Individual Voluntary Arrangements). Whatever the circumstances, if you've reached the end of the line and are asking yourself "Bankruptcy or IVA" we can assist you with confidential debt advice and IVA information to help with Business bankruptcy.

  There are literally hundreds of Insolvency practitioners and IVA companies, many of whom promise to make you debt free in 60 months. Of course, if you've got your own business, are self employed, or indeed have any circumstances that are not straight forward, then the one-size-fits-all approach is not going to be right for you for IVA solutions.

  More often than not, there isn't one simple settlement solution, which is why we deal with each client as an individual taking into account their own unique business situation to provide IVA help. Your accountant may have recommended us to you as a debt advice centre and if they're referring you it's because you have complex issues which need some specialist attention and debt financial advice.

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• Who we help

  Probitas can help people for whom business bankruptcy isn't a realistic option and who may be looking for financial and debt advice or who would like to know more about Individual Voluntary Arrangements. We have assisted all sorts of people with debt advice, settlement solutions and IVA insolvency including owner-managers, professionals, self-employed, partners, directors, senior managers…as well as the armed forces, police and many others who have began asking themselves "do I need financial help"and have benefited from the experience of our debt advisory centre and IVA solutions.

  The solutions can often be found in IVAs (Individual Voluntary Arrangements), which in essence is a contract between you and your creditors to avoid personal and limited company bankruptcy. The reason we focus our IVA help on professional and senior people is that our IVA debt advice skills are most suited to the more complex business bankruptcy issues often found with such individuals. Of course, an IVA is not always the starting point and quite often owner-managers, partners and the self-employed need to look at business debt reconstruction at the same time as addressing their personal situation and capital debt.

  Ultimately however, it is likely that some form of personal debt restructuring will be required and individual voluntary arrangements may well provide a useful settlement solution for those people who have found themselves thinking "I need financial help".

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• How we do it

  An IVA (Individual Voluntary Arrangement) allows someone who is heavily burdened with personal unsecured debts who may be concerned about company bankruptcy the opportunity to propose a new and affordable settlement solution to their creditors, without the need for formal bankruptcy proceedings and sometimes with free IVA debt advice.

  We can invariably provide settlement solutions and IVA insolvency advice on bankruptcy to help with personal debts even if business bankruptcy proceedings have been instigated by creditors, at whatever stage they may be at. If company liquidation is becoming a reality in your business life, we can provide the options and IVA solutions to help with any potential bank accounts bankruptcy.

  Here are a couple of examples of how we've helped people with their decisions with Bankruptcy or IVA options...

  Case study 1 View Case study 2 View Case study 3 View
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