Bankruptcy is a way of legally declaring your inability to pay your creditors. It is a formal debt solution for those who have an amount of debt which they cannot repay. In Bankruptcy you usually stop paying your creditors. Your creditors cannot chase you for the outstanding debt. It can provide a real fresh start for debts that will never be repaid.Do I qualify?
Some of the things the lenders will have to abide by are the following:
Complete our 30 second online form to see if you qualify, or you can call us directly on 01565 325 030
If this is the right solution for you, we can start the ball rolling whenever you’re ready. We will help along the way until you become debt free!
If an IVA is the best solution for you, we can start the ball rolling whenever you’re ready. We will help along the way until you become debt free!
(Here are some hypothetical examples of how an IVA could work)
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A solution for people with debts over £5,000. An IVA could help you write-off up to 90%* of your outstanding debts and pay one affordable monthly payment.Find out more
A Debt Management Plan or DMP, is an informal agreement to pay back non-priority debts, reducing your monthly payments to a single affordable amount each month.Find out more
Bankruptcy is a formal debt solution for people with debts they cannot repay. It’s often viewed as a last resort but can be a great solution for people without the means to repay debts.Find out more