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What is Bankruptcy

The Facts about Bankruptcy
Key bankruptcy facts you need to know. It lasts just 1 year. You only pay your debt if you can afford to. You keep most of your belongings. Your credit rating is affected but not for ever.
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Belongings at risk in Bankruptcy
Do you have to sell your household belongings if you go Bankrupt? What about your car? What about your pension or life insurance? Are work tools exempt?
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Myths about Bankruptcy
Most myths surrounding Bankruptcy are incorrect: You can keep your belongings. Property is not automatically at risk. You can get credit again in the future.
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What is bankruptcy
What does it really mean to go Bankrupt? How much does it cost? How long does the bankruptcy process last? What alternative solutions are available?
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