BusinessBusiness RecoveryBegbies extends services to indebted individuals

Begbies extends services to indebted individuals

Corporate recovery firm Begbies Traynor will now offer services to individuals struggling to manage personal debts after acquiring a personal insolvency practice.

Link: Begbies Traynor fears for construction sector

Begbies has bought personal insolvency practice W3. Based in Chorley, but with a UK-wide client base, W3 offers specialist debt management solutions to people with debts ranging from £15,000 to £250,000.

Rick Traynor, senior partner at the firm, described the acquisition as a ‘perfect fit’.

He added: ‘The UK is currently facing a credit time bomb, with personal debt levels reaching an all-time high. Corporate business failure is often inextricably linked to personal financial difficulties and we are now able to offer a complete service across the UK.’

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