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All debts cleared in 12 months.
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Fully understand your options and any implications.
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Collection activity and legal action stopped.
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Is Bankruptcy My Only Option?
But, if all other options have been explored then it's better you take the bankruptcy plunge now rather than continuing to struggle to make payments. You would only be delaying what we hope to be the start of your financial rehabilitation.
What About My Home?
If you're a homeowner either solely or with a partner - we will look to see how bankruptcy could impact all parties.
What About My Business?
If you're a business owner or are self employed - it may be advantageous not to go bankrupt so avoiding restrictions that may impede you trading. We can explain how you may be better served by alternative options.
How To Go Bankrupt
The Insolvency Service is the Government agency responsible for overseeing insolvency in the UK.
Applying for your requires a fee of £680, whether the application is accepted or not.
We would urge anyone considering bankrupty to take professional advice before taking the step of applying for their own bankruptcy.