Robert Day & Company

Licensed Insolvency Practitioners

 

Authorised to act in the United Kingdom by the Institute of Chartered Accountants in England and Wales

 

 

 

 

 

 

 

 

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Individuals and Sole Traders

Individual Voluntary Arrangements


An Individual Voluntary Arrangement (IVA) is a flexible procedure that enables an insolvent individual to make an offer to creditors by way of a formal proposal, in full and final settlement. If accepted by 75% in value of the creditors who vote upon the scheme, it will be legally binding upon all creditors. The offer does not have to repay creditors in full and can be structured to allow repayment over a period of time.

Robert Day & Company can help and advise throughout the IVA process and can accept the appointment as Nominee and Supervisor.
 

Bankruptcy

Robert Day & Company can help by:

  • Acting as a Trustee in Bankruptcy
  • Accepting the appointment as Trustee in Bankruptcy to realise the bankrupt’s assets on behalf of creditors
  • contact: 0845 226 7331 or 0845 125 9458