Information provided applies to England & Wales

You searched for Bankruptcy

A way of dealing with debts you cannot pay. Includes what happens when you declare yourself bankrupt or are made bankrupt. Also covers alternatives to bankruptcy.

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Bankruptcy

Explains what bankruptcy is, how to go bankrupt and what effect it will have on you. Also covers the alternatives to bankruptcy.

https://www.nationaldebtline.org/S/information/10%20ways%20to%20clear%20your%20d...
National Debtline
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Bankruptcy

Going bankrupt is one option for clearing your debts and making a fresh start, but it can have serious consequences. Explains how bankruptcy works and help you decide whether it’s right for you. It will also tell you how to apply for bankruptcy and how creditors can make you bankrupt.

https://www.citizensadvice.org.uk/debt-and-money/debt-solutions/bankruptcy-2/
Citizens Advice
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Declaring yourself bankrupt

If you can’t pay your debts and want to declare yourself bankrupt, you must apply to a court to issue a bankruptcy order against you. Includes declaring yourself bankrupt and filing your bankruptcy petition. 

https://www.gov.uk/bankruptcy/overview
GOV.UK
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Being made bankrupt

Explains what happens if you are made bankrupt and how you may be able to oppose a bankruptcy petition.

https://www.gov.uk/being-made-bankrupt
GOV.UK
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Bankruptcy

Information on the effects of bankruptcy, who can apply for bankruptcy, the difference between voluntary and involuntary bankruptcy, and where you can go to get help and advice. (Content applies to England only.)

http://england.shelter.org.uk/housing_advice/money_problems_and_energy_costs/ban...
Shelter
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What is bankruptcy?

If you are up to your eyeballs in debt, declaring bankruptcy may seem like an easy way out. Unfortunately, it's not. Find out what declaring yourself bankrupt means for your future.

http://www.themix.org.uk/money/credit-and-debt/what-is-bankruptcy-9368.html
TheMix
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Alternatives to bankruptcy

Information on the alternatives that are out there to becoming bankrupt. (Content applies to England only.)

http://england.shelter.org.uk/housing_advice/money_problems_and_energy_costs/alt...
Shelter
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Individual voluntary arrangements (IVA)

An IVA is an alternative to bankruptcy. Explains what it is, and who it's suitable for. You need an insolvency practitioner to set up an IVA and you will have to pay a fee for their services.

https://www.nationaldebtline.org/EW/information/10%20ways%20to%20clear%20your%20...
National Debtline
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Creditor has sent a statutory demand - bankruptcy

If a creditor wants to make you bankrupt, they have to follow a certain process. Often, this will start with sending you a warning notice about your debt, called a statutory demand. Explains what you can do if you receive a statutory demand from a creditor, especially if you want to avoid being made bankrupt.

https://www.citizensadvice.org.uk/debt-and-money/debt-solutions/bankruptcy-2/cre...
Citizens Advice
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Help with bankruptcy fees

Can't afford to go bankrupt? Tips for raising the money to enable you to pay bankruptcy fees.

https://debtcamel.co.uk/help-with-bankruptcy-fees/
Debt Camel
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Debt relief orders (DROs)

Explains when a debt relief order (DRO) may be a good option for you to deal with your debts. A DRO stops most creditors from taking further action against you and can help you to get a fresh start. The law about DROs can be complicated, but this fact sheet explains what you need to know step by step.

https://www.nationaldebtline.org/EW/factsheets/Pages/debtrelieforders/droadvice....
National Debtline
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