When you have mounting debts with no prospect of paying them off, applying for bankruptcy can be an efficient way to treat the problem and give you an opportunity to have a fresh start.
Professional advice is a must once your debts are becoming so unmanageable that significant action is required. Occasionally the situation is not as bad as you believe, and an informal arrangement, like a Debt Management Plan, may be more practical.
If bankruptcy is the answer you're looking for, then the necessary paperwork will eventually be submitted to 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.