Helping you through the effects of Bankruptcy
Bankruptcy is a difficult process to go through alone so we provide a 24hour service and helpline to support you through the whole process.
Declaring bankruptcy should be considered as a final option in terms of a debt reduction solution and it should only be used as a last resort.
If you haven't already looked at other options, you may be interested in discovering the benefits of an IVA or a Debt Management Plan. They will help you pay back your creditors without having to declare bankruptcy and they will not do the same damage to your credit history.
However, with our bankruptcy support service you have access to specialist advisors for help and guidance in your time of need.
The basic criteria for bankruptcy is:
- If you have a very low or negative disposable income
- If you cannot afford to make repayments on your debts
For bankruptcy FAQs click here.
If you need advice about declaring bankruptcy or would like to find out about other potential options, click here or call 0800 294 6312.