Looking to : Apply For Bankruptcy How To Apply For Bankruptcy. Bankruptcy is often seen as the fastest way out of debt and is an excellent facility for resolving impossible situations. But to get it right, you need accurate bankruptcy information.
Once bankrupt, you come under the protection of the court and your creditors can no longer pursue you.
If you have debts exceeding £20,000 and are currently involved in a Debt Management Plan or IVA, you could benefit enormously by changing direction and drawing a line in the sand.
How to apply for bankruptcy is a process whereby if you are looking to petition for your own bankruptcy then you will need to submit an online application to the Insolvency Service and pay the £680 bankruptcy fee at the same time. People no longer need attend court for bankruptcy.
Bankruptcy UK offers bankruptcy help across the board, including dealing with creditors like HMRC, completing the all-important Income and Expenditure and professional submission of the application online.
Feel free to call us with any other bankruptcy questions or for bankruptcy help on 01425 600129.