If your debts are spiraling out of control and you see no other way forward you might think going bankrupt is your only option. As well as applying for bankruptcy yourself, a creditor (someone you owe money to) that is owed at least £5,000.00 can also apply for a Bankruptcy Order to make you bankrupt.
BANKRUPTCY IS NOT THE ONLY OPTION – TAKE ADVICE BEFORE YOU PROCEED
Frequently Asked Questions
How to get your bankruptcy order annulled – The Judge’s decision is not always final
IVA – An alternative to Bankruptcy – Compare your Options
IVA or Bankruptcy – Which is better?
Apply to Bankrupt someone who owes you money
The Insolvency Services guide to Bankruptcy