Services
Personal Solutions
Rapsey Griffiths provides independent, practical personal insolvency advice to individuals facing financial difficulty or significant change. We understand that personal insolvency matters are complex and often time-sensitive, requiring clear guidance and measured decision-making.
Our services are designed to provide structure, clarity, and fair outcomes, whether through formal insolvency appointments or practical solutions tailored to individual circumstances. Each service is delivered with discretion, technical expertise, and a focus on helping individuals move forward with confidence.
We work across three main areas:
Our focus is always on practical, commercial outcomes, not theoretical possibilities.
Informal Debt Restructuring
Key Features
Informal debt restructuring allows individuals to address financial difficulties without entering a formal insolvency process. It can include negotiated repayment arrangements, standstill agreements, or compromises with creditors, tailored to an individual’s financial position. This option offers flexibility and discretion, and may help preserve assets and credit standing where possible.
How We Help
We assess your financial circumstances, identify viable options, and engage directly with creditors on your behalf. Our role is to structure realistic arrangements, manage negotiations professionally, and provide clear advice throughout the process. We focus on achieving sustainable outcomes that allow individuals to regain control and move forward with confidence.
Personal Insolvency Agreement (PIA)
Key Features
A Personal Insolvency Agreement (PIA) is a formal, legally binding arrangement between an individual and their creditors as an alternative to bankruptcy. It allows debts to be compromised or repaid over time under agreed terms, while avoiding the broader consequences of bankruptcy. PIAs are governed by legislation and require careful structuring and independent administration.
How We Help
As experienced Registered Trustees, we provide independent advice on whether a PIA is appropriate and assist with structuring proposals that are fair, compliant, and commercially realistic. We manage creditor engagement, statutory requirements, and ongoing administration with clarity and discretion. Our focus is on guiding individuals through the process while protecting their interests and ensuring certainty for all parties.
Bankruptcy
Key Features
Bankruptcy provides a formal legal framework to resolve unmanageable personal debt and deliver a fresh financial start. It involves the appointment of a trustee to administer assets, investigate financial affairs, and distribute funds to creditors in accordance with legislation. While bankruptcy carries obligations and restrictions, it also brings certainty and relief from ongoing creditor action.
How We Help
As Registered Bankruptcy Trustees, we administer bankruptcies professionally, fairly, and in strict compliance with statutory requirements. We explain the process clearly, manage interactions with creditors, and ensure obligations are handled efficiently and transparently. Our approach is respectful and measured, focused on providing clarity, reducing uncertainty, and supporting individuals through the process toward a defined outcome.
We turn things around.
Rapsey Griffiths are specialists in business turnaround, crisis management and complex debt. We cut through the uncertainty and deliver clear, practical solutions to help you move forward with confidence.