If you are facing bankruptcy, it is essential that you go in to the process with your eyes open to the impact it could have on your future. That includes knowing which debts you may still be facing during the bankruptcy or after it has finished.
Does Going Bankrupt Clear All Debts? Read More »
To apply for an Administration Order you first need to fill in an application form and hand it in to your local court. The N92 form can be found here.
How Long Does An Administration Order Take? Read More »
When finances are tight, making a meaningful dent in your debt can feel like an impossible task. Unfortunately, there is no escaping the fact that, if you want to increase your repayments, then you will either need to cut you outgoings or increase your income. Read below for some tips on how to do this.
How Do I Get Out Of Debt With No Money And Bad Credit? Read More »
The world is an ever changing place, and just because we could afford debt at the point at which we took it on, doesn’t mean that we can always afford it later down the line. This is a risk we all take when taking out loans etc, but it is also the risk the lender takes when they agree to allow you to borrow.
Can My Debt Be Written Off? Read More »
When finances are tight, making a meaningful dent in your debt can feel like an impossible task. Unfortunately, there is no escaping the fact that, if you want to increase your repayments, then you will either need to cut you outgoings or increase your income. Read below for some tips on how to do this.
How Can I Clear My Debt With No Money? Read More »
When finances are tight, making a meaningful dent in your debt can feel like an impossible task. Unfortunately, there is no escaping the fact that, if you want to increase your repayments, then you will either need to cut you outgoings or increase your income. Read below for some tips on how to do this.
How Do I Get Out Of Debt With No Money? Read More »
There are many ways to get rid of debt. Of course, sticking to your payments and clearing the debt over the agreed term is always going to be the best solution both in the short and long term. However, debt that was once perfectly manageable can become a serious burden if our financial situation changes
How Can I Get Rid of Debt UK? Read More »
A Trust Deed is a legally binding agreement between you and your creditors to pay back a portion of the money you owe over a set period of time (usually 4 years). At the end of the agreement, if you have followed the conditions of the arrangement, any remaining debt will be written off.
How Does a Trust Deed Work? Read More »
Sequestration is a form of bankruptcy that is only available in Scotland, however it is very similar to the version of bankruptcy available in the rest of the UK.
What is the Purpose of a Sequestration Order? Read More »
Minimal Asset Process is a type of bankruptcy only available in Scotland. It is designed to give those with debts they can’t repay within a reasonable amount of time a fresh start.
What is MAP Insolvency? Read More »
