Is there a way of clearing my business debts without going bankrupt? Well perhaps there is. It all depends on what you have to lose and how to separate business debts from personal and joint liabilities. If you feel like you are losing or have lost control then there is no time to lose in getting to grips and actioning what needs to be done. Its always the way that your creditors are willing to support you if they believe there is a chance of getting paid. You tell us what outcome you would like to achieve as an ideal and we will tell you what is realistic and achievable. Our approach is the same for a sole trader to a director of a PLC company. It boils down to what outcome is achievable under the circumstances and the timescales being as they are. The more time we have to make choices without pressure or emotional attachment the more concise the outcome will be.