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Back to basics in insolvency

Back to basics in insolvency

Lots of people are anxious when they first contact insolvency practitioners. At Wilson Field, we offer free professional advice from friendly staff on 0800 458 3320.

When I started my career at Wilson Field Ltd, five years ago, I knew little about business and less about insolvency. I started as an Office Junior, progressed through the company, and developed to Administrative Assistant in the Voluntary Arrangement Department. My duties focused on helping with Individual and Company Voluntary Arrangements. I learned these were legally binding Arrangements and helped both individuals as well as companies

Insolvency firms like ourselves, Wilson Field Ltd, deal with Voluntary Arrangements. Many of these arrangements are contribution-based, usually over a 5 year term. However, each arrangement is different depending on individual or company circumstances.

I have gained more experience and knowledge and progressed to a case administrator. I have learnt insolvency rules and am able to provide this expertise to clients on the best way we can assist in their situation, to help ease their financial circumstances.

Dealing with different people has been a challenge as each scenario is unique. Not every person’s attitude is considerate towards the advice you give them, each case presents its own challenge’s. The highlight is when the client is grateful and thankful, and help we provide helps them ease their situation.

Lots of people are anxious when they first contact insolvency practitioners. At Wilson Field, we offer free professional advice from friendly staff on 0800 458 3320.

Many people are unsure how our consultants will be able to help them, they are unaware we offer free and impartial advice. Our staff are trained and will listen to your problems, talking you through all options available .

So if you have debts, go back to basics, write down your financial problems and our friendly staff will explain how things will affect you in practical terms and how you can gradually regain control of your finances by a step-by-step guidance.

By: Rebecca Powell

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