Pre-Bankruptcy Advice

Just-Debts offer free bankruptcy advice to those who have either been made bankrupt or are considering bankruptcy. Sometimes individuals have become bankrupt when they have sufficient assets to be able to pay off their debts in full. Clearly, the needs of those who have been made bankrupt differ from those who are merely considering it. We offer bankruptcy advice to both groups.

Is bankruptcy an appropriate solution?
Where an individual has substantial personal debt problems and no assets, bankruptcy should be looked at as one of the possible options. If you live in rented accommodation and don’t own a property, bankruptcy is a serious option to address your financial problem.

Bankruptcy should not be seen as a way to avoid debt. There are serious implications when anyone becomes bankrupt. However, bankruptcy does deal with all of your unsecured debts. If you are under pressure from creditors the effect of bankruptcy will be that the Official Receiver will now deal with your creditors.

Before you contemplate bankruptcy you should seek insolvency advice from a firm specializing in this area. Just-Debt can assist you in this. It may be more appropriate for you to consider an IVA, or if you have assets, debt consolidation through a re-mortgage. We offer a free consultation service and will go through the options with you.

If, having considered all of the options, bankruptcy is the most appropriate way for you to deal with your financial problems, we can offer you a personal bankruptcy support package.

Pre-Bankruptcy Advice

• We will assist you in preparing the lengthy Court documentation
• Arrange a convenient appointment at your local County Court
• Attend the Court Hearing with you
• Advise on how to deal with the subsequent interview with the Official Receiver

If you are considering bankruptcy and want free bankruptcy advice call Just-Debts on 0800 915 3950 for a free consultation.