Insolv Consumer PI
IVA
Statutory arrangement with creditors, approved by 75% by value. Your IP acts as nominee and supervisor, typically over 5 to 6 years.
England, Wales and NIBANKRUPTCY
Debtor application or creditor petition. Official Receiver or IP trustee, with discharge usually after 12 months.
England, Wales and NIDRO
Debt Relief Order for low debt, low asset cases, made through an approved intermediary. Debts written off after a 12 month moratorium.
England, Wales and NISEQUESTRATION
Scottish bankruptcy through the Accountant in Bankruptcy, by Minimal Asset Process or full administration, with an IP or AiB as trustee.
ScotlandTRUST DEED
Protected Trust Deed with an IP as trustee. Protected unless creditors object, typically over 4 years.
ScotlandBREATHING SPACE
Statutory protection from creditor action while advice is taken, the gateway into a formal route.
England, Wales and ScotlandIVA
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Wolf AI Labs
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The Wolf Insolv Consumer PI platform for UK IP Firms.
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