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Bankruptcy Assistance Service

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WELCOME TO

Bankruptcy Expert

If you have questions about Bankruptcy and would like find out more, speak to an expert or find out how to go Bankrupt then you have come to the right place.
Bankruptcy is a personal debt solution available to people living in England, Wales, Northern Ireland and Scotland. It is often thought of as a something which should be avoided. However this is an incorrect view. For many bankruptcy is the best option for dealing with debts.
The solution is quick to implement and gives almost immediate protection from unsecured creditors. It lasts for just 12 months and you make no ongoing payments unless you can afford to do so. If you can afford to make payments these stop after 3 years and your remaining debt is written off.

Unhappy with my IVA can I go Bankrupt?

Should you stop your IVA and go Bankrupt? How do you stop an IVA? What happens to the money already paid in? Will your creditors make you bankrupt?

Get a Mortgage after Bankruptcy

Mortgage after Bankruptcy
How to get a mortgage after bankruptcy. What deposit will you need and how much can you borrow? Should you avoid Bankruptcy if you want to get a mortgage?

Apply for Bankruptcy – Bankruptcy Assistance Service

If you want to apply for Bankruptcy our Assistance Service is for you. Includes completing your on-line application and preparation for your OR interview.

HOW WILL BANKRUPTCY AFFECT ME

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HOW WILL BANKRUPTCY AFFECT ME

House and Bankruptcy

You may think your house will be sold if you go Bankrupt. This is not necessarily the case and will depend on a range of circumstances.

Car and Bankruptcy

Whether or not you can keep your car if you go bankrupt will depend on how much it is worth. As standard it will be safe if it is worth less than £1000.

Household Possessions

Your household possessions are not usually at risk if you go bankrupt. You can keep your furniture and electrical goods.

Job and Bankruptcy

It is unlikely that your job will be affected if you go Bankrupt. You should be able to continue working as normal. Is your employer told that you are Bankrupt?

Bank Account

It is unlikely that your job will be affected if you go Bankrupt. You should be able to continue working as normal.

Credit Rating and Bankruptcy

Your credit rating will be negatively affected for 6 years if you go bankrupt. However there are some forms of credit you can continue to use.

BANKRUPTCY PROCESS

BANKRUPTCY PROCESS

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