Directory
Insolvency Practitioners in Bungay
2 firms with an office in Bungay, East of England. Listings are compiled from official UK register data (Insolvency Service, Companies House, SRA and related sources). The Insolvency Directory does not give personal debt advice.
Firms serving Bungay
Cadge & Gilbert
Bungay, East of England
Insolvency and debt practice recorded in Bungay, East of England from official UK sources.
Sprake & Kingsley Solicitors
Bungay, East of England
Insolvency and debt practice recorded in Bungay, East of England from official UK sources.
Which debt solutions apply in Bungay?
Bungay is in England, so the England and Wales framework applies: Individual Voluntary Arrangements, bankruptcy and Debt Relief Orders are the formal options, alongside informal Debt Management Plans. Formal insolvency procedures must be administered by a licensed Insolvency Practitioner.
- Individual Voluntary ArrangementBinding agreement over a fixed term, interest frozen
- BankruptcyCourt-based fresh start, usually discharged in 12 months
- Debt Relief OrderLower-cost option for smaller debts and few assets
- Debt Management PlanInformal repayment plan arranged with creditors
Eligibility depends on your debt level, income, assets and housing situation — check the criteria before contacting a firm.
Frequently asked questions
- How much does an IVA cost in Bungay?
- IVA fees in Bungay typically follow national ranges of around £3,600–£5,000 for set-up and supervision combined, paid from contributions. Always confirm fees in writing with a licensed Insolvency Practitioner.
- How do I find a licensed insolvency practitioner in Bungay?
- Use the list on this page, then verify the practitioner's licence with their authorising body. You can also start with free advice from StepChange, National Debtline or Citizens Advice.
- Are insolvency rules the same across the UK for Bungay residents?
- England and Wales share the main IVA, bankruptcy and DRO framework. Scotland and Northern Ireland differ — check our nation guides if relevant.
- How many insolvency firms are listed in Bungay?
- This page currently lists 2 active firms serving Bungay.
- Does this site give personal debt advice?
- The Insolvency Directory is a directory and referral service. We do not give personal debt advice.