When you have mounting debts with no prospect of paying them off, applying for bankruptcy could be an effective way to treat the situation and provide you with the chance to have a fresh start.
Qualified, professional assistance is very important as soon as your debts are getting to be so unmanageable that serious action is required. In some cases the situation is not as bad as you imagine, and an informal arrangement, like a Debt Management Plan, could be more suitable.
If bankruptcy is definitely the right choice for you, then the appropriate 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.