In the UK, only a licenced insolvency practitioner can be appointed in relation to formal insolvency procedures for individuals and businesses.
Insolvency practitioners are licenced to advise on and undertake work during all formal insolvency procedures. Your first point of contact with us is likely to be with a member of our IVA Proposals team. This team will discuss the various debt relief options available, and only once you are sure that an IVA is the right choice for you will we explain the proposal process. The team will then make sure we have all the financial information and documents we need to be able to prepare a proposal that can be presented to your creditors.
Greg Mullarkey is the Managing Director at Bennett Jones and is a licensed insolvency practitioner and non-practising solicitor. Greg has decades of experience in the financial and legal sectors, using his knowledge to assist people in complex monetary matters. Greg acts as a trusted Nominee and Supervisor for anyone entering debt solution schemes like individual voluntary arrangements (IVAs).
Greg Mullarkey is a long-standing member of the R3 Association of Business Recovery Professionals: a leading British association for business recovery specialists. R3 is renowned for promoting best practice professional standards for its members, playing an integral role in insolvency legislation by encouraging the promotion of a responsible, effective business rescue culture. Greg Mullarkey is also authorised and regulated by the Insolvency Practitioners Association (IPA) to act as a licensed Insolvency Practitioner in the UK. As the second-largest regulator of Insolvency Practitioners, the IPA aims to promote and maintain standards of performance and professional conduct amongst those engaged in insolvency practice. The organisation campaigns for a greater understanding of insolvency through examinations, qualifications and membership. The IPA also engage in regular debate and discussion surrounding insolvency issues that affect the profession, its stakeholders and the general public.
Whatever your question may be, we’ll connect you to the relevant person who’s equipped with the knowledge and credentials to help. You are not alone, millions of people suffer from debt problems. Bennett Jones has helped thousands of people solve their debt problems. Many get into financial difficulty and need debt help at some point in their life, often caused by one event such as divorce or unemployment. But many people reach to breaking point due to years of cumulative spending and debt interest building ever higher. We listen to every client’s story with empathy and understanding. We then offer debt help tailored to your personal circumstances.
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What happens when I complete this form?
One of our friendly team members will be in touch soon. We are fully trained to provide you with all the information you need on the options available to you. There is no obligation to proceed and you can opt-out at any time.
Why do you need my personal information?
This allows us to help you find the right solution for your circumstances and individual needs.
Why choose Bennett Jones for an IVA?
Bennett Jones has helped thousands of people solve their debt problems. We understand how stressful and difficult life is when you can’t pay your debts and your bills.
You can trust Bennett Jones to help you if you are struggling to pay your debts. We specialise in Individual Voluntary Arrangements – a legal solution that allows for unaffordable debts to be written off. With an IVA from our team, you will make affordable repayments to your creditors over a fixed period, with the remaining debt written off at the end.
An Individual Voluntary Arrangement (IVA) is not suitable for everyone who needs help with their debts. If an IVA is not right for you we will give you free no obligation help so you can decide on the solution you need.
The debt write off amount for each customer differs depending upon their individual financial circumstances and is subject to the approval of their creditors. The example provided of 80% has been achieved by 10% of our customers in the last 12 months