Attending Court will be the final step of the bankruptcy process. Before calling the Court and arranging a time and date to apply for a Bankruptcy Order you first need to weigh up your plan of action.
Personal bankruptcy will clear all of your current unsecured debts, but in doing so it will stay on your Credit Report for 6 years, which will influence your future borrowing during that timeframe. Another method of insolvency is an IVA, which may be best suited for people who have equity to protect, or a job that is excluded from personal bankruptcy.
If bankruptcy certainly is the right choice for you, then the required documentation will eventually be filed at 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.