Probitas can help people for whom bankruptcy isn’t a realistic option. Owner-managers, professionals, self employed, partners, directors, senior managers… as well as the armed forces, police, and so on. The solution can often be found in an IVA (Individual Voluntary Arrangement), which in essence is a contract between you and your creditors.
The reason we focus on professional and senior people is that our skills are most suited to the more complex 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 restructuring their business debt at the same time as addressing their personal situation.
Ultimately however, it is likely that some form of personal debt restructuring will be required and an IVA may well provide a useful solution.
We have a number of specialists in key areas.