Personal Financial Solutions - Business
Not all businesses are incorporated limited companies or PLCs. Many UK businesses are operated by sole traders and partnerships and consequently require alternative solutions to those available to companies, should they find themselves in financial difficulty.
Unincorporated businesses in difficulty can have a direct impact on the principal’s personal financial position and assets. Such situations require both a pro-active approach to helping the business going forward and empathic treatment of the individual's and their family's personal finances and assets.
At Duff & Phelps Personal Financial Solutions we have a specialist, dedicated and approachable team, well experienced in helping people to get their financial health back on track. Our services are also of benefit to Company Directors who may need assistance in dealing with personal guarantee liabilities.
|What you need to know about Duff & Phelps Personal Financial Solutions|
|Who are our customers?|
Our customers are:
- Financially distressed individuals who require protection from creditor pressure, whilst finances are reorganised to achieve a repayment in full or part of their liabilities.
- Banks with customers who need assistance in managing their debt. We can assist in maximising the return on lending due to them.
- Professional advisers with clients who need help with managing debt, agreeing repayment terms and continuing a successful business going forward, which retains the client relationship.
- Consumer debt advisers whose clients may be self employed business people who require a more specialist treatment and service.
|What services do we provide?|
Assessment of each individual set of circumstances and provision of options available and advice as to resolutions to difficulties, including:
- Debt Management Plan.
- Individual Voluntary Arrangement.
|Why choose this service?|
We are responsive, pro-active and considerate of client needs.
We have experience of dealing with a wide variety of businesses and professions.
We provide a dedicated personal service and develop and maintain strong client relationships.
We are approachable, accessible and professional.