News

Insolvency firm readies for growth with Salford Quays HQ expansion

Anchorage Chambers has applied to add four-storeys to its two-floor head office, with workspace and apartments planned within the extension.

Seed Architects has been appointed to draw up plans for the expansion of Anchorage Chambers’ Salford Quays office and a planning application has now been lodged with the city council.

Debt advisor owed over £26m

Approximately 8,000 of the company’s individual voluntary arrangement (IVA) clients have now been transferred to Salford-based insolvency management firm Anchorage Chambers. According to a new document filed by FRP with Companies House, Balbec had advanced £26m to the company since May 2021.

Administrators secure transfer of IVA clients

The business’ existing client book of approximately 8,000 clients has now been successfully transferred to insolvency firm, Anchorage Chambers. The Salford-based company works with clients to help clients resolve their debt problems using IVAs.

The IVA Advisor: Anchorage Chambers to the Rescue

One of NTI’s greatest clients and friends, Anchorage Chambers, rode to the rescue of the clients of the now defunct IVA Advisor in September when the debt solutions business entered Administration owing more than £26 million.

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