When you have mounting debts with no prospect of paying them off, declaring bankruptcy is often an efficient way to remedy the problem and provide you with an opportunity to have a fresh start.
Professional advice is a must when your debts are becoming so unmanageable that radical action is required. From time to time the problem isn't as bad as you imagine, and an informal arrangement, like a Debt Management Plan, may well be more practical.
If bankruptcy is definitely the answer you're looking for, then the necessary paperwork will eventually be filed at your local County Court.
For those living within Wolverhampton
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.