If you are being made Bankrupt or you are struggling with your debts and think Bankruptcy is your only option, there may be a better alternative for you. There are a range of Debt Solutions available in the UK and Scotland that could be much more beneficial than Bankruptcy, that is if you are applicable and it is in your best interests for your circumstances.
The alternative debt solutions available range from informal agreements such as a Debt Management Plan to formal government agreements such as the IVA or Trust Deed (for residents of Scotland). There is also Remortgaging and/or Debt Consolidation for those of you who are homeowners.
No Debt Solution should be entered into lightly and you want to make sure you are opting for the best Debt Solution for your situation. The best way to determine if there is a better option for you than Bankruptcy and what it is, is to speak to one of our experienced Debt Advisors, who will do an analysis of your current situation, including your debts, incomings, outgoings etc... They will then go through ALL your options and suggest what is best. It is then up to you to think about this and decide if you want to proceed.
We could help you to:
You can also Contact Us for any information you may have about bankruptcy and we will be happy to advise you.
Click here to learn How to avoid going Bankrupt using our bankrutpcy alternatives.
A fee is only payable where further services are requested. All fees will be explained in detail and discussed prior to commencement of any debt repayment plan. Repaying debt over a longer period may increase the total amount to be repaid. Phonecalls: Calls from a landline are normally free. Please consult your provider if you are unsure. Calls from a mobile may be subject to charges. If you get charged just ask us to call you back for free.