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IVAs (Individual Voluntary Arrangement)
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Frequently Asked Questions

IVA FAQs
Trust Deed FAQs
Bankruptcy FAQs
Debt Management Plan FAQs

Case Examples

Debt approx £38k?
Client was struggling to make monthly payments of £785. We reduced this to £260 per month.
Debt approx £100k?
Client was struggling to repay monthly payments to creditors of £1,677 per month.
With an IVA, these monthly payments were reduced to £550.


In House Articles

Debt articles written by our in-house experts...
Fall in Insolvencies
Self employed & The CIS
Self employed workers & IVAs
IVAs & construction
Insolvency & Administration
CVAs & Self employed businesses
Taboos of Insolvency, IVAs & debt
Increased rise in debt & insolvencies
How debt can affect the Family
Banks & Treating customers fairly
Balance Transfers
New Years Resolutions
 
McCambridge Duffy Forum
McCambridge Duffy Forum

Why should I use McCambridge Duffy to help my business?

As well as being one of the leading firm for personal insolvency, McCambridge Duffy are the industry leader for Self Employed insolvency matters. This is a fact that is recognised throughout the industry as most of the other firms in the industry send us their self employed clients and 70% of our cases are self employed.

McCambridge Duffy have developed great relationships with creditors such as the Revenue and Customs to ensure support for businesses in temporary financial difficulties.


Why will my creditors want to help me?

No-one benefits when businesses go under and often creditors are prepared to be supportive to enable a business to get back on a firmer financial footing. Traders and companies experience financial difficulties due to a wide variety of reasons:
  • cashflow problems and insufficient working capital
  • increasingly tougher market conditions
  • bad debt issues
  • increased costs and the erosion of margins
  • contract disputes
The list is long but the results are the same with the deterioration of cash flows, further pressure on borrowing facilities and additional stress on owners, managers and directors. McCambridge Duffy will work hard to ensure a suitable proposal is put to creditors that is viable for you and your business going forward.


Just want free advice before you make a decision?

McCambridge Duffy can help you regain control over your business and finances before matters are taken out of your hands.

Simply get in touch now by calling 0800 043 3328, emailing selfemployeddebt@mccambrideduffy.co.uk or filling out the form below.

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Does McCambridge Duffy belong to any Regulatory Bodies?

McCambridge Duffy and its members are regulated by the ICAEW (Institute of Charted Accountants in England and Wales), ICAI (Institute of Chartered Accountants in Ireland) and ICAS (Institute for Chartered Accountants in Scotland).

We are also members of R3 (The Association of Business Recovery Professionals) and the IPA (Insolvency Practitioners Association).


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McCambridge Duffy LLP is a Limited Liability Partnership registered in England and Wales registered number 0C309544
Registered office 1A St James Road, Sevenoaks, Kent, TN13 3NH