What Is a Personal Insolvency Agreement (PIA)?

If you do not have the required funds to pay off your debts, you may be able to declare personal insolvency. This will typically involve entering into a personal insolvency agreement – a legally binding contract of debt repayment, agreed upon by you and your creditors.

The PIA will be drawn up in accordance with your specific situation. For example, you may agree to pay off debts across a program of instalments. Alternatively, you may hand over control of assets to a trustee who can manage the repayments.

How Clare Corrigan Can Help You Navigate a PIA

Firstly, we take the time to understand your situation. We recognise how troubling and upsetting personal insolvency can be, and so we adopt a warm and positive approach to your case. This can be the beginning of a better future for you, your family, and your business – and we can help you to navigate this.

Next, we apply our long-standing expertise to help you arrive at the right solution. The idea of a PIA is to help creditors reclaim their funds without subjecting you to excess pressure or anxiety. With our assistance, you will be able to draw up a PIA that supports all parties and helps you to move on towards a more positive future.

Taking The Next Steps

We always begin with a consultation. This gives us the chance to meet with you and learn more about your situation. In addition, you gain the opportunity to get to know us, our team, our approach, and our experience, setting your mind at ease as we move forward with the process.

What we do to help

We work with you to understand your options and to identify the best course of action in your situation. Personal insolvency may feel like the end of the road, but there are still choices to be made and decisions to be taken. Our experts work alongside you as you gain insight into your situation and begin to move forward to a more positive future.

We also draw upon our years of experience in this field, giving you practical and reliable advice that you can use as you strategise for a better tomorrow. Too many people experiencing personal insolvency feel as if they have nowhere to turn. We are proof that this is not the case.

How we work with you

Our process begins when you book an appointment with Clare and her team. This is where the initial consultation takes place, and we gain more information about you and your situation.

From here, we remain in close contact, retaining complete transparency and exceptional communication as we move in the right direction. You will gain a complete understanding of your options, as well as support for personal wellbeing and mental health.

Why Us?

At Clare Corrigan, we understand the mental health and well-being aspects of personal insolvency.

This is why we accompany our expert services with a compassionate and caring approach.

We are on your side, offering profound levels of support, as well as professional and proactive services that help you move forward with your life.