Business Details
33 Years
experience
Expert Insolvency Solutions Chelmsford
Established in 1993, Full Circle Insolvency has dedicated over three decades to providing expert insolvency solutions for individuals and businesses facing financial challenges. Our founder, Stephen Morris, transitioned from a senior role in one of the UK's 'Big Four' banks to specialise in debt resolution after witnessing the human impact of financial distress. We combine deep industry knowledge with a compassionate approach, offering tailored strategies such as Creditors' Voluntary Liquidation, Individual Voluntary Arrangements, and Debt Relief Orders. Our team's expertise in navigating complex debt scenarios, including HMRC negotiations and personal guarantee resolutions, has helped clients retain assets and achieve fresh financial starts.With a focus on transparency, we maintain fixed competitive fees and prioritise clear communication throughout the process. Our case studies demonstrate successful outcomes across diverse situations, from 30,000 personal debts to 5m corporate liabilities. We operate from our Chelmsford-based office, serving clients nationwide while maintaining a personal service ethos. Our approach integrates strategic restructuring with emotional support, recognising the psychological burden of financial difficulties. Through no-obligation consultations, we empower clients to make informed decisions about their financial futures.
Services
Creditors Voluntary Liquidation
Individual Voluntary Arrangement
Debt Relief Order
Personal Bankruptcy
Company Restructuring
Details
- Year established: 1993
Highlights and features
- 30+ years of insolvency expertise since 1993
- Personalised debt resolution strategies for each client
- Fixed competitive transparent fees with no hidden extras
- Proven success in complex debt scenarios up to 5m
- Nationwide service with local Chelmsford-based support
What people say
Knowledgeable and reassuring
Calm and professional approach
Non-judgmental service
Excellent communication
Life-changing support
Services
Creditors Voluntary Liquidation
A formal process for solvent and insolvent companies to liquidate assets and distribute proceeds to creditors. Ideal for businesses with unsustainable debt burdens, this solution provides legal protection from enforcement while enabling directors to focus on future ventures. Our expertise in negotiating with HMRC and trade creditors ensures optimal outcomes.
Individual Voluntary Arrangement
A legally binding agreement between individuals and creditors to repay reduced debt amounts over fixed terms. Suitable for those with regular income facing unmanageable debts, this solution stops interest accrual and prevents legal action while maintaining financial control.
Debt Relief Order
Designed for individuals with low income and assets, this 12-month debt moratorium freezes creditor demands and writes off qualifying debts upon completion. We handle all creditor communications while clients maintain essential living standards without enforcement pressures.
Personal Bankruptcy
A formal insolvency process that writes off unsecured debts within 12 months. Appropriate for severe debt situations, this service includes asset protection strategies and professional representation to navigate discharge requirements while minimising personal disruption.
Company Restructuring
Strategic reorganisation of corporate finances to preserve trading operations while addressing creditor demands. Combines debt negotiation with cash flow management to create sustainable business models, particularly effective for companies facing temporary financial crises or HMRC enforcement.
People
Stephen Morris
Senior Insolvency Consultant
With 30+ years in financial services, Stephen transitioned from banking to specialise in debt resolution after witnessing financial distress's human impact. His empathetic approach combines technical expertise with practical guidance to help clients achieve debt-free futures.
Questions
What insolvency options exist for businesses with HMRC debts?
We specialise in HMRC debt negotiations through Creditors' Voluntary Liquidation or Company Voluntary Arrangements, with proven success resolving VAT and corporation tax liabilities.
Can personal guarantees be written off?
Yes, through bankruptcy or debt relief orders. Our case studies show successful £80k personal guarantee write-offs while protecting primary residences.
How quickly can debt resolution begin?
We offer immediate no-obligation consultations with same-week appointments available for urgent cases requiring creditor protection.
What happens during business liquidation?
We guide clients through creditor meetings, asset valuation, and distribution plans. Our process maintains director control while ensuring legal compliance and asset protection.
Can I keep my home during personal bankruptcy?
Equity protection strategies often preserve primary residences. Our case studies demonstrate successful home retention through minimal equity positions and alternative arrangements.
How do debt solutions affect credit ratings?
All formal solutions impact credit ratings, but we provide post-resolution guidance to rebuild financial standing, with discharge periods typically 12-24 months.
Reviews (4)
Amy Walshe
Jul 23, 2021
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It is no exaggeration to say Stephen saved my marriage and mine and my partners sanity. After 4 years of financial stress he guided us through the process with professionalism, knowledge and above all a great deal of kindness and understanding. We can't thank him enough and would recommend his services to anyone.
Craig Mackay
Jul 21, 2021
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Steven has always dealt with me in a professional and efficient manner. In a world of delays, he gets the job done quickly and without hassle. Would not hesitate to recommend him for any matters financial and his advice is spot on.
Danzimania Yt
Jul 19, 2021
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Steven has been absolutely amazing throughout the whole process when we used his services. Always approachable, professional and competent, he delivered everything he promised and more. His rates are really fair and I trusted him completely with every aspect of the work he carried out for us. I would highly recommend him to anyone who needs a solicitor, who has integrity, empathy and professionalism.
Samantha Seex
Jul 18, 2021
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A great friendly non judgemental service. Efficient and very pro active and very quick to put your mind at rest with any and all matters. All matters were concluded quickly and with very little fuss. Many thanks to Stephen and the team. Sam.
