Business Debt Solutions
A debt solution may not be suitable in all circumstances. Fees may apply and will affect your credit rating.
Debt solutions that work for you
We are trusted experts who help companies, company directors and businesses in financial difficulty. We are easy to contact and we can be trusted to provide expert no obligation confidential advice. The two elements of our business are:-
- The Business Debt Advisor (TBDA) – specialising in business related debts and corporate recovery
- The Debt Advisor (TDA) – specialising in personal debts.
If your business is struggling with unmanageable debts, it’s vital you are able to work with a practice that will be honest about what is achievable and then hopefully exceed your expectations. Feedback from clients can be read in our case studies section and we have excellent reviews on Trustpilot.
We employ a team of 25 people from our offices in Lloyd Street in Manchester, many of whom have been with and built their careers with us over a long period of time.
The team at The Debt Advisor and The Business Debt Advisor is ready to help you.
At The Business Debt Advisor, the initial consultation is free and there is no need to worry about the cost. Our advisors will ask you questions about the specifics of your business problems so that we can find a solution. We can accurately quote a fees package at this stage.
We will deliver our plan of action which you can then discuss with your colleagues, family or fellow directors. There is no commitment to use our services.
We have dealt with sole traders to large companies across a wide range of business sectors.
Debt solution finder
IVA for self employed
(Individuals)
If you are struggling with personal and business debts
Read MorePartnership Voluntary Arrangement
(Partnerships)
Partnership Voluntary Arrangements (“PVA’s”) are largely based on Company Voluntary Arrangements, and are governed by the Insolvent Partnerships Order 1994.
Read MoreBounce Back Loan Help
(Companies & Partnerships)
Did you accept a Bounce Back Loan and are struggling to pay?
Read MoreCompulsory Liquidation
(Companies)
Compulsory Liquidation, usually referred to as “Winding-Up”, is the process to wind up an insolvent company through the courts.
Read MoreBankruptcy
(Individuals)
Bankruptcy is a form of insolvency which allows you to deal with debts you can no longer manage.
Read MoreInter-locking IVA’s
(Partnerships)
For smaller partnerships, less than 3 or 4 partners, proposing inter-locking IVA’s can offer a simpler and cheaper alternative.
Read MoreCompany Administration
(Companies)
Administration is an option for a company facing financial strain or creditor pressure. In many cases, a company which enters Administration can preserve the core business
Read MoreMembers Voluntary Liquidation
(Companies)
A Members Voluntary Liquidation (MVL) is also referred to as ‘solvent liquidation’. The procedure enables shareholders’ to place a solvent company into liquidation in order to realise the assets
Read MoreDebt Management for Self Employed
(Individuals)
A Debt Management Plan (DMP) is an informal arrangement between you and your creditors that allows you to repay your debts, normally in full, at a rate that you can afford
Read MorePartnership liquidation
(Partnerships)
Partnership liquidation is a procedure used to wind up a partnership, as an unregistered company
Read MoreCompany Voluntary
Arrangement
(Companies)
A Company Voluntary Arrangement (CVA) is an option for a company which has a viable business but may be facing financial strain, or increased creditor pressure as a result of poor cash flow
Read MoreDirectors responsibility Guide
(Directors)
As a director, you have an obligation to act in the best interests of the company, and its Shareholders, and where a company is insolvent, the primary purpose should be to achieve the best return for creditors’ and shareholders’.
Read MoreInformal Full & Final
(Individuals)
Informal Full & Final generally offers via informal arrangements demonstrate that this is a better return to the creditor
Read MorePartnership Administration
Order
(Partnerships)
A Partnership Administration Order is very similar to the process used to place limited companies into Administration. The procedure allows an Administrator to be appointed to the partnership with, or without, a court order.
Read MoreCreditors Voluntary
Liquidation (CVL)
(Companies)
Creditors’ Voluntary Liquidation (CVL) is also known as ‘insolvent liquidation’. It can be instigated by the director(s) of an insolvent company, where the shareholders’ of the company agree that the business should cease trading
Read MoreThe Business Debt
Advisor Team
(General Help)
If your business is struggling with unmanageable debts, it’s vital you are able to work with a practice who will be honest about what is achievable and then hopefully exceed your expectations
Get Help TodayWe are proud of our 5* Trustpilot reviews
We provide the most comprehensive debt advice and support for individuals and business owners. Our experienced team offers a personal approach to finding solutions to your debt challenges.
We can provide help and solutions covering:
- Company Rescue
- Company Closure
- HMRC TAX & VAT Negotiations
- Company Voluntary Arrangements (CVA)
- Creditors Voluntary Liquidation (CVL)
- Company Administration
- Pre-pack Administration
- Factoring
- Winding Up Petitions
- Compulsory Liquidation
- Members Voluntary Liquidation
- Partnership Voluntary Arrangement
- Interlocking IVAs
- Partnership Liquidation
- Partnership Administration Order
- IVA for Self Employed
- Bankruptcy
- Debt Management for Self Employed
- Informal Full and Final