Going to Court is the final step of the bankruptcy process. Prior to contacting the Court and organising a time and date to apply for a Bankruptcy Order you first need to assess your options.
Personal bankruptcy will clear all of your current unsecured debts, but in doing so it is going to remain on your Credit Report for 6 years, which will impact your future borrowing during that timeframe. An alternative method of insolvency is an IVA, which might be best suited should you have equity to protect, or a profession which is excluded from bankruptcy.
If bankruptcy certainly is the right choice for you, then the required documentation will eventually be submitted to your local County Court.
For those living within Liverpool
we have included the court details below. You only need to contact the court if you already have everything prepared, including your Statement of Affairs and Debtor's Petition, and you are ready to finalise the Bankruptcy Order.
To arrange a consultation you can complete this online form
, and an experienced Advisor will be in touch to assess your situation and advise you accordingly.