Bankruptcy

The 1986 Insolvency Act Parts 8, 9 & 10 provide the official tools to relieve you of personal debt.

Bankruptcy is the most extreme solution to debt problems and in the past was often the only answer for people struggling with debts.

There are many alternatives options available these days if you would like to learn about the available alternatives to bankruptcy complete the form on this page

We will carefully review you personal situation and explore all of your options.

Bankruptcy help and alternative options are available, to find which solution would be best suited for your situation complete the form, your information will be analysed then passed to a debt adviser who wail be able to help you decide what the best course of action would be for you.

Although bankruptcy has a bad stigma and is publicly advertised, it should always be considered when dealing with individual insolvency cases. Please note that if your are ever faced with the prospect of bankruptcy you should look at alternatives as soon as possible.

If you have only one unsecured debt it may be a little more difficult to help but rest assured an adviser will do all he can to help.

Please read the following carefully

If you have only one debt it can be difficult to come to an arrangement with a single creditor for reduced payments.

The creditors know if you do not owe money to anyone else, any excess funds you have should be used to pay off this debt.

If you have more than one debt, you still only have the same disposable income but no single creditor can demand to be first in the queue and for this reason they are usually willing to negotiate.

If you have more than one unsecured debt please add it to the form as this will help reduce your payments drastically.

If you have more than one debt with any of the following then they are are classed as unsecured creditors and is should then be possible to help to reduce your monthly payments:

Credit Cards
Unsecured Loans
Catalogues
Store Cards
Mobile Phone
Over Draft
Arrears with Gas, Electricity or Water bills (as long as you are no longer with the same supplier)
Rent Arrears (if you have moved)

If you only have the one debt, your details will still be studied by an adviser in the hope that there may be a solution for you, so please continue completing the form.

First Name*
Last Name*
Home Phone*
Mobile Phone
E mail*
House Number/Name*
Postcode*
Residence Type*
Income Type*
Monthly Income*
Number Of Debts*
Total Owed £*	Exclude Mortgage
Approx. Monthly Bills*
Best Contact Time*
Is your home in danger of being repossessed ?
Monthly bills are living expenses excluding unsecured loans and card repayments but including payments for rent/mortgage and loans secured against your property