Essential Information...
Below are our articles on the subject of Essential Information. If you can't see what you are looking for our other categories are displayed on the left under 'Our Quick Links'...
A Summary of the Impacts of Bankruptcy
Bankruptcy is a big step. While it can be an effective way to deal with debts that have become unmanageable, it is important to understand that...
Bankrupt But Due to Inherit: Who Owns the Property?
Bankruptcy is a major decision that will have an impact on your finances for years to come. Far from being an ‘easy way out’, it can severely...
Bankruptcy for Company Directors
Bankruptcy is a major step for anyone. The implications for your financial future are extensive and long-lasting, despite the potential benefits.
While the...
Bankruptcy Statistics
Bankruptcy statistics in the UK are startling. Bankruptcy, once frowned upon, has become commonplace in society and is set to reach epidemic proportions within the...
Bankruptcy Top Questions
Here are some of the more commonly asked questions surrounding personal bankruptcy. There are probably many others, but these are the ones that are asked most...
Bought or Rented Home and Bankruptcy
If you own your own home and are subsequently made bankrupt then your home is at risk. The trustee appointed to your case will look at the property to see if there is...
Common Bankruptcy Terms Explained
Here are some common terms explained. Hopefully they will help you understand some of the terminology used in bankruptcy.
Bankruptcy order An court order...
Debt Relief Orders: Helping to Reduce Bankruptcies?
For people unemployed and unable to repay their debts, bankruptcy is the only course of action left available to them. However for many people,...
Getting a Mortgage After Bankruptcy
Many people think that once you have been declared bankrupt, you no longer have access to the everyday financial products that are available to people with little or...
Getting Help When in Financial Difficulties
Getting help at the right time is crucial if you want to avoid getting into serious financial difficulties. Money is often viewed as a taboo...
Guide to Bankruptcy: Bank Accounts
People who undergo bankruptcy often express their surprise about how relatively minor things that they used to take for granted are suddenly no longer are available...
How the Courts Deal with Bankruptcy
Although there are many courts in the UK not all of them deal with bankruptcy. Bankruptcy petitions can be presented in London, at the High Court, or in any of the...
Life as a Discharged Bankrupt
Bankruptcy is a life changing event, but it doesn’t last forever. In fact, most people are discharged from bankruptcy after a period of just 12 months. But what...
More Than 10,000 Britons Declared Bankrupt Every Month
The UK’s recession may have been declared officially over, but a recent study by the Insolvency Service uncovered the harsh reality of the...
Take Our Bankruptcy Questionnaire
When it comes to bankruptcy, everyone has a different view. Some people consider it to be an ‘easy way out’, while others think it’s a shameful admittance of...
Ten Important Facts About Bankruptcy
Bankruptcy should never be considered as the easy way out of debt. If you are considering petitioning for bankruptcy, here are ten important facts about bankruptcy...
Your Bankruptcy Questions Answered
For some people, bankruptcy is the only option available to them in helping them pay off their debts and become financially secure again. Yet bankruptcy is never a...
