HomeCase studiesPrivate clientsPersonal insolvencyHelping a client navigate bankruptcy while protecting family assets

Why the client needed our help

Our client was under severe financial pressure and exploring bankruptcy as a way forward. He was particularly concerned about how the bankruptcy process would affect his matrimonial home and the dependants who relied on him. He needed clear, practical advice from experienced bankruptcy solicitors to understand his options and to be introduced to an insolvency practitioner who could explain the process in detail.

How we helped

We listened carefully to his concerns and explained how bankruptcy works in practice, including the potential impact on jointly owned assets and the protections available for family members. By guiding him through the different stages of bankruptcy and arranging for him to speak with a trusted insolvency practitioner, we ensured he had the information needed to make the right decision.

The outcome

With our support, the client gained a clear understanding of his options and felt confident that his family’s position had been safeguarded. He was able to make an informed decision about whether bankruptcy was the most appropriate route, without the stress and uncertainty that had previously overwhelmed him.

Key contacts

Alev Tonks

Alev Tonks

Associate

Stephen Downie

Stephen Downie

Partner

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