You may be able to Stop Paying Creditors TodayUse our Bankruptcy Eligibility Checker to see if declaring yourself bankrupt could be the right option for you.
Is Bankruptcy Right For Me?
Declaring Yourself Bankrupt may be best for you if you can’t see how you can ever repay your debts
Debt Freedom in 12 months
Most people are discharged from bankruptcy after 12 months at which point all included debts are written off, giving a fresh start.
Pay back less than you owe
Creditors have to accept less money than is owed. They have no choice other than to accept your bankruptcy.
Stop creditor pressure
Harassed by letters, phone calls? Debt collectors or bailiffs at your door? We can help protect you from any further creditor action.
Keep Your Home
If you’re a homeowner we can help prevent the loss of your home and any equity you have.
Debt You Can Include
Most debts can be included in a formal solution
Unsecured Personal Loans
Payday and Doorstep Loans
Council Tax Arrears
Gas, electric & water arrears
Some debts cannot be included in bankruptcy, such as court fines, child maintenance arrears and student loans. Secured creditors can still take action against you. If you have surplus income, you will be expected to make contributions towards the bankruptcy for 36 months.
Important: Bankruptcy is a serious matter with some severe consequences. See View Important Considerations to be taken into account before applying for or allowing yourself to become bankrupt.