Bankruptcy Advice, We Are Bankruptcy Experts!

Bankruptcy Advice by our Bankruptcy experts. Looking for to file for bankruptcy? We can help you. We are UK Bankruptcy specialists. Not only will we be able to give you The Best Bankruptcy Advice for your circumstances but we will be able to guide you through every step of the way to ensure your successful bankruptcy.

Bankruptcy will clear 100% of your unsecured debt, stop the hassle from your creditors and you will only be bankrupt for 12 months. Bankruptcy could be your best solution to give you that fresh start that you need.

If you are looking for information on going Bankrupt in the UK we are here to give you the information and on Bankruptcy that you need plus the Advantage and Disadvantages of going bankrupt. We can advise you on The Bankruptcy Restrictions, The Cost of Bankruptcy, The Affects Of Bankruptcy, What happens to your Assets In Bankruptcy, What Happens To Your Car In Bankruptcy, What Happens To Your Home In Bankruptcy, What Happens To Your Job In Bankruptcy and What Happens to Your Income in bankruptcy. Whatever Bankruptcy Advice you need our experts are on hand to help give you the Bankruptcy Advice that is right for you as Bankruptcy affects everybody differently.

You may have been given different opinions about bankruptcy by friends or family members, it is always best to get your Bankruptcy Facts from Bankruptcy experts as each individual case is affected in different ways.

There are a lot of myths and stigma that people attach to bankruptcy, Instead of guessing, 
Here are the bankruptcy facts:

  • If you are a first time bankruptcy you can be discharged within 12 months of bankruptcy
  • you can still have a bank account while in the bankruptcy
  • All your homely possessions wont be taken away from you
  • in certain circumstances you can still keep your car
  • if you have no equity in your property you may still be able to keep it
  • if the debts are in your name, no one else will be affected by your bankruptcy
  • Most unsecured debts can be cleared in bankruptcy
  • Bankruptcy is for individuals, not just for businesses 
  • Majority of employments wont be affected by bankruptcy

There are a lot of debt solutions and debt companies on the market giving different conflicting views and sometimes it may not be to the best of your interest, rather how much profit can that company make out of a client by offering the most profitable solution. We are different, we only give you the solution that is right for you.

So what is the Difference Between an IVA (individual voluntary arrangement) and Bankruptcy?

Bankruptcy: As a rule of thumb, bankruptcy is good for individuals who do not own any assets (any single item valued over £1000) no equity in your property or living with friends or family, little disposable income at the end of the month, unable to pay your debts as they fall due and not in high profile employment (accountant, police officer, solicitor). Bankruptcy will allow you to clear 100% of your unsecured debt in the most cost effective and shortest period of time (12 months).

IVA: If you do have assets, are in high profile employment or have equity in your property then it is more than likely that bankruptcy may not be your best option and you should explore an IVA instead. You will be in an IVA for aprox 5 years, expected to pay minimum of £200+ per month back to your creditors and this will stop the effects that you would have got if you went bankrupt.

More Bankruptcy Help?
You may have a lot of questions surround bankruptcy. Give us a call today on 0800 130 3007, private and confidential, and one of our experts will be on hand to give you advice on bankruptcy that is right for your circumstances.

Click start below to use 'The Bankruptcy Simulator' to find out what your bankruptcy results would be if you were to file for bankruptcy today. Best thing is, its totally Free and Confidential to use!

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Free Advice

We can offer you free initial advice from our bankruptcy experts. We are here to answer all of your questions and discuss your personal circumstances. Everything is kept private and confidential. Click here for more information.

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We can guide you from start to finish and help you successfully go bankrupt. We will take you through every step of the way, stopping hassle from your creditors and completing the documentation needed to go bankrupt. Click here for more information.

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Take the first step towards becoming debt free. We offer a personal and professional bankruptcy service that is tailored to suit your needs. Click here to complete our short enquiry form and see how clear insolvency can help you.