Personal Insolvency

Dealing with debt can be stressful and confusing.  At Rachel Fowler Advisory we offer simple and straightforward advice when you need it.  We get to know our clients so that we can provide the solution which is right for their individual circumstances.

Business Insolvency

Every business will struggle from time to time.  RFA aims to reduce the pressure on business leaders by giving straightforward advice when it’s needed.  If a business is to cease we help clients navigate the closure, often dealing with creditors, employees and key stakeholders on their behalf.

Advice for Stakeholders

Insolvency processes can be difficult to understand.  We often act for creditors, debtors or employees involved with an Insolvent business or individual.  We can attend creditor meetings, discuss your position with appointed Insolvency Practitioners or advise on the merits of Voluntary Arrangements.

The role of the Insolvency Practitioner

Rachel Fowler is a licensed Insolvency Practitioner and can act in Individual, Partnership or Corporate Insolvency.  An Insolvency Practitioner (“IP”) acts as an Officer of the Court to deal with individuals or companies in financial difficulty.

An IPs priority will be to rescue a business this may involve developing a recovery plan, sale process or hiving out a problem division.  Quite often tools such as Administration or Voluntary Arrangements might be used to implement these plans.

If a rescue is not possible the IP will seek to sell the assets of an individual or company.  The IP will hold the funds for creditors, they will seek to verify creditor claims and make a fair distribution after paying costs.

A key role of the IP is to balance the competing interests of all parties although their primary duty is to creditors.

Get in touch

If you are in need of some advice or want to consider our services get in touch to arrange a consultation.

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