On occasions practical solutions to a debtor’s financial problems are inappropriate or cannot be achieved, perhaps because of the intransigence of one or more creditors.  In those circumstances it is often possible to achieve a settlement based on a formal offer of a Company or an Individual Voluntary Arrangement under Part 1 or Part VIII of the Insolvency Act 1986.  We assist in the preparation of debtors’ proposals, make applications for associated protective Court Orders, assist with creditors meetings and modifications and undertake all steps necessary to obtain the necessary creditors’ approval.