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Well not necessarily. Your family home may be at risk and steps must be taken to clarify the position during the a 3 year period following bankruptcy. The position will vary dependent upon a number of issues including for example;  whether you rent your home or own it, whether you own your home jointly with someone else, and whether or not the property is subject to a mortgage. There is no one universal answer; you need to be aware of your rights and those of any joint owner, so we would

Informal solutions

Not all financial crises need end up as formal insolvency situations.

There can be a huge number of possibilities to help struggling businesses by some sort of rescue or restructuring procedure. Remember that Dodd Rescue is backed up by Dodd & Co Limited (Chartered Accountants) which offers a huge resource and wealth of experience in advising the SME sector. This makes Dodd Rescue ideally placed to advise you if you find yourself in a financial crisis.  We are truly objective; we can advise you on both the insolvency route or the recovery route and you can feel confident that we have your best interests at heart.

To find out more about how we can help please call either Carol, Jackie or Jeanette on 01768 864466.