Our team of dedicated specialists work with creditors to provide practical insolvency solutions.

Our tailored approach is designed to meet your specific business or personal needs so you can be confident in the decisions you make.

All matters are handled robustly but sensitively to achieve the best outcome in your circumstances.


  • Bankruptcy
  • Individual voluntary arrangement
  • Bankruptcy
    A purple icon showing a hand holding a stack of coins
    We offer a no win-no cost bankruptcy petitioning service, monitoring the proceedings from start to finish.
  • Individual voluntary arrangement
    icon depicting a person
    If you're in business and have trade debts and credit, we may be able to assist with arranging an IVA.

Personal insolvency

Bankruptcy services for creditors

We can support you to recover monies owed, providing advice and training on the use of bankruptcy.

Individual Voluntary Arrangement

We can help you take control of your debt by agreeing a legally binding settlement with your creditors.

Why Grant Thornton

Our technical and operational capabilities, market relationships and sector specialisms allow us to deliver expert personal insolvency solutions.

We give you access to empowered client service teams, hands-on partner involvement and shorter decision-making chains that ensure the agility of a boutique while still having a global network to hand.

We have an on-going commitment to the personal insolvency market, demonstrated by our continued investment in our people and technology.


Bankruptcy can be an important route to recovering money that you're owed. 

We offer creditors a no-cost bankruptcy service, used by many high street lenders and local authorities, monitoring from start to finish so we can notify you of proceedings against your customers and maximise dividend collections where possible.

Once a bankruptcy order is made, our insolvency practitioners will work to ensure that all available assets are realised for the benefit of creditors.

We can also provide advice and training on the use of bankruptcy to institutions that frequently deal with distressed debt.

Individual voluntary arrangement

If you're in business and have trade debts as well as loans and credit cards, we may be able to help you take control of your debt by agreeing a legally binding settlement with your creditors known as an IVA.

For individuals struggling with debt, this guidance from R3 – the trade association for UK insolvency and restructuring professionals – outlines the options available.