Bankruptcy, Individual Voluntary Arrangements and Debt Relief Orders

Personal Insolvency Procedures: Bankruptcy, Individual Voluntary Arrangements and Debt Relief Orders

We advise individuals in financial difficulty on a regular basis. Whether bankruptcy is looming and you need advice on how you can protect your assets, or you just need help alleviating the creditor pressure until your financial position improves, our friendly and experienced team are on hand to support you. We advise on all aspects of personal insolvency including bankruptcy, individual voluntary arrangements and debt relief orders, we also have a network of insolvency professionals that we can call on to provide further advice  should you need it.


Changes in credit limits and Directors Guarantees – a misunderstood defence.

When companies go bust, creditors are often quick to bring claims against directors personally for large sums under personal guarantee agreements which the directors (often unknowingly) signed in order to obtain credit accounts with suppliers. Directors can be faced with the unwelcome prospect of losing their home and bankruptcy. One argument we commonly see is…

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Stephen Rome
Director, Dispute Resolution

Stephen has developed a broad practice to assist the diverse range of assistance our commercial clients requires. He had advised clients in the energy, real estate, automotive and financial services sectors. He has acted in disputes involving claims for breach of contract, fraud, misrepresentation, breach of fiduciary duty and insolvency. His multi-disciplinary experience means Stephen…



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T. 0345 20 73 72 8 T. 0345 20 73 72 8

Our latest news and events


New free parenting guide offered to separating families in West Midlands

Thursfields Solicitors is offering a free parenting guide to local families across the West Midlands who are divorcing or separating. The Parenting Through Separation Guide is written by family professionals and advises parents on how to put their children first during a separation. The guide is being launched during Good Divorce Week which runs from…

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Parents win latest round in Court of Appeal business battle

The latest chapter in a long-running family business dispute has seen another success for Thursfields Solicitors’ commercial litigation team. The Court of Appeal has unanimously found in favour of Thursfields’ clients, Alldey and Ivy Loveridge, in the latest round of their hotly contested shareholder and partnership dispute with their son Michael. The battle centres around…

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