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Insolvency and mental wellbeing.

Insolvency can significantly impact upon the mental health of individuals as a result of the stress, anxiety and uncertainty that is associated with financial difficulties.  Where someone is already suffering from mental welfare, financial difficulties may also exacerbate those existing mental health issues.

At PBC, we are acutely aware, that potential insolvency, at times,  can bring feelings of shame, guilt, and failure.  It is human nature to feel that way irrespective of the underlying reasons behind their difficulties.  It is, therefore, vitally important for those having insolvency issues that they seek support from financial advisors and insolvency practitioners at the earliest practicable date as this may ease those negative and damaging thoughts.

From PBC’s perspective, when providing advice, there is no judgement.  We are very likely to have seen worse financial positions and have no greater respect than those that make contact to seek advice, either by phone or attending our Northampton or Milton Keynes Offices for a meeting. All initial meetings are completely free of charge, without obligation and we promise those we advise they will be more informed as to their options (don’t rely on google!).

Reaching out early for advice is crucial in managing both the practical and emotional aspects of insolvency and it is even more important to prioritise self-care, remembering that there are resources and people available to support you through difficult times.

Should you or anyone you know/advise require any assistance on any insolvency-related issue, then please contact PBC Business Recovery & Insolvency on 01604 212150 (Northampton) or 01908 488653 (Milton Keynes) or email to enquiries@pbcbusinessrecovery.co.uk.  Alternatively, visit www.pbcbusinessrecovery.co.uk for further information.