Becoming Bankrupt
Get essential information about personal bankruptcy in the UK. Articles explain the process, your rights, and how bankruptcy affects your finances and future.
Bankruptcy and Your Student Loan
Many people considering bankruptcy want to know what will happen to their student loan. There is a common misconception that the student loan will be ‘canc...
Bankruptcy Explained
Bankruptcy is the last resort for people in serious debt. It is usually avoided as it has far reaching consequences. If you are having problems paying your d...
Bankruptcy or IVA: What's the Best Way to Go Bust?
People who are in financial difficulties still have some options to help them deal with their problems, the main ones being either to go bankrupt or to take...
Changes to Bankruptcy Rules: Pay to Declare Bankruptcy?
Recent changes to bankruptcy rules could make life harder for people who have declared themselves legally bankrupt and continue to live on low incomes. Once...
Famous Bankrupts
When faced with bankruptcy you may think that you are alone, but in fact nothing could be further from the truth. There are many bankrupts. Many who have bee...
Headed for Bankruptcy: Top 5 Warning Signs
There are warning signs that you are headed for serious financial difficulties, which ultimately can end in bankruptcy. They are easy to spot, although many...
How Bankruptcy can Affect Your Relationships
The issue of bankruptcy can be a tricky one to broach when it comes to loved ones and friends. Whether you are married or have been dating for a short time,...
How Long Does Bankruptcy Last?
The normal time for a bankruptcy order to last is twelve months. This is often an attractive proposition when compared to the sixty-month duration of an IVA....
Huge Leap in Bankruptcy Among Women
If you thought that bankruptcy was predominantly a male trait, perhaps it is time to think again. According to recent studies, record numbers of women are st...
New Online Bankruptcy Procedures Could Spell Trouble
Under new government plans, a fast-track method of declaring yourself insolvent could take the sting out of filing for bankruptcy. The new plans have, howeve...
Step by Step: Visiting the Official Receiver's Office
The Official Receiver is one of the most important parties in bankruptcy proceedings. Often known as the OR, this individual is a court officer who will take...
The Advantages of Becoming Bankrupt
Believe it or not there are actually some advantages to going bankrupt. Unfortunately, bankruptcy is shrouded in stigma, failure and loss of dignity. For com...
The Disadvantages of Becoming Bankrupt
Although bankruptcy is a solution to serious debt problems, there a lot of disadvantages to consider before taking the plunge. If you are considering emigrat...
The Impact of Bankruptcy on Your Future
After the credit crunch, and with the UK sliding into a severe and long-lasting recession, bankruptcies are on the increase. But what are the implications of...
What Bankruptcy Doesn't Cover?
There are a few things that bankruptcy doesn’t cover. Some of the things are excluded from the actual judgement and are yours to keep, and others are debts...
Why Bankrupts Are Being Excluded by High Street Banks
For the vast majority of people in this country, having a bank account is something that is taken for granted. For those people who have to get by without th...
Why Should I Declare Myself Bankrupt?
During a recession borrowing money on credit cards and loans becomes more difficult, and the noose around borrowers' necks tightens. For many this is no surp...