When you have mounting debts with no prospect of paying them off, declaring bankruptcy can be an efficient way to treat the situation and provide you with a chance to have a fresh start.
Expert advice is very important once your debts are getting to be so unmanageable that drastic action is required. Sometimes the problem is not as bad as you imagine, and an informal arrangement, such as a Debt Management Plan, could be more suitable.
If personal bankruptcy is definitely the right choice for you, then the appropriate 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.