Voluntary Arrangements are the methods by which you are able to manage your debt or insolvency. They are applicable to both individuals and companies, and are effectively alternatives to bankruptcy.
We have gathered information on how they apply in different situations, what the provisions and restrictions are and also who needs to be involved. There are advantages and disadvantages to accepting a voluntary arrangement instead of bankruptcy, and there will be differences depending on your situation.
If you are looking for expert legal advice, call us on 0800 1777 162 and let our experienced case handlers match you to the right solicitor for your needs.