Attending Court is the final step of the bankruptcy process. Prior to contacting the Court and organising a time and date to apply for a Bankruptcy Order you first need to assess your plan of action.
Bankruptcy will clear all of your current unsecured debts, but in doing so it's going to stay on your Credit File for 6 years, which will impact your future borrowing during that timeframe. An alternative type of insolvency is an IVA, which often can be ideal should you have equity to protect, or a profession which is excluded from bankruptcy.
If personal bankruptcy certainly is the right choice for you, then the necessary documentation will eventually be filed at your local County Court.
For those living within Truro
we have included the court details below. You only need to contact the court if you already have everything prepared, including your Statement of Affairs and Debtor's Petition, and you are ready to finalise the Bankruptcy Order.
To arrange a consultation you can complete this online form
, and an experienced Advisor will be in touch to assess your situation and advise you accordingly.