BEST TIME TO CALL:
Bankruptcy
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Bankruptcy doesnt go away if not tackled. |
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bankruptcty can lead to people losing their homes. |
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Bankruptcy is serious and can harm your credit rating. |
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If you have debt problems and need debt help but dont know where
to turn why not contact us or take our free no obligation 60 second
get out of debt survey to find out your options.
Bankruptcy - The Facts as it applies to England and Wales:
Bankruptcy is a last resort for people who have very severe debt problems and where other debt solutions cannot save you.
Although Bankruptcy will protect you from your creditors and will write off the debts that you owe them, you need to think very carefully before undertaking this course of action because of the implecations of bankruptcy.
- Bankruptcy doesnt go away if not tackled!
- Bankruptcy can lead to people loosing their homes.
- Bankruptcy is serious.
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Act Now - Call Ashley Longman Associates on 01291 671449.
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Going bankrupt – What does that mean to me?
Bankruptcy means that your assets may be sold off and the money from their sale being distributed to your creditors. This can include your home as well as items like life insurance and pension policies.
Your Bankruptcy is advertised in the newspapers
Restrictions will be placed upon you that may lead to your bank accounts, credit cards, store cards and other forms of credit being closed to you.Leased goods, like your car, will have to be returned.
Your Landlord will be informed.
For certain professionals, bankruptcy could mean loosing their jobs.
A payment order may be made against you requiring you to make payments out of your salary to the benefit of your creditors.
Raising credit, even after having been discharged, may prove difficult.
Contact Ashley Longman today to find out your alternatives to going bankrupt.
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The information provided here should only be treated as a guideline. We strongly recommend that you consult with a debt professional who is able to discuss with you fully your situation and who is able to analyse your particular circumstances.
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