Atlantic Financial Management Suggests Debt Solutions to Help the Duchess of York

Leading debt solutions expert outlines the options that could help the Duchess suffering from financial distress

It has been reported that the Duchess of York is facing the very real prospect of bankruptcy as she continues to struggle with her financial difficulties. Leading debt solutions expert, Atlantic Financial Management, has some useful advice for the Duchess as she considers her options.

"Whilst for some bankruptcy probably is the best option ... for others there are other debt solutions that would be more appropriate."

"The Duchess of York may be a high profile case and her circumstances a little different from the man or woman on the street – but the fact of the matter is that many thousands of people face severe financial difficulties each year" said Kevin Still, Director, Atlantic Financial Management. "And whilst for some bankruptcy probably is the best option - especially if they have no major assets, such as their own home and don't need to worry too much about the impact of bankruptcy on their future employment plans. But for others, there are other debt solutions that could be more appropriate.

"For example, they could consider a Debt Management Plan or an Individual Voluntary Arrangement (IVA)."

Atlantic offers a full range of debt solutions, including Debt Management Plans ( DMPs), Individual Voluntary Arrangements ( IVAs) and Bankruptcy Assistance. For those clients that choose a DMP as the most appropriate debt solution there is a fast-track service which will help an individual start to tackle their debts within a matter of days.

"Income optimisation to determine a client is claiming all their entitlements is also crucial..."

For just £69.50, the expert Atlantic team will review an individual's current financial commitments and income and make recommendations of the best debt solution for their circumstances. This includes dealing immediately with any court actions on the individual's behalf as well as starting negotiations with creditors to freeze interest and charges.

"Our approach is to conduct a thorough review of a client's income and expenditure to ensure that all debts are taken into account and a fair assessment of their living expenses is determined so that they can continue to maintain a reasonable quality of living. Income optimisation to determine a client is claiming all their entitlements is also crucial, as is looking at reducing expenditure, like energy bills and bank charges" continued Kevin Still.

"As a result, we are able to get creditors to freeze interest and charges on the large majority of our clients' credit agreements. And that is vital to stem the debt problems they are facing. If the Duchess of York would like to give us a call we would be very happy to offer her help and advice."

To find out more about Atlantic Financial Management contact us or call 0845 0 30 30 30