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Where can I go for bankruptcy information?
If you’re in debt and facing possible bankruptcy, you’ll find all kinds of conflicting advice available to you. That’s why it’s best to get honest, free and impartial advice from the experts at the Debt Advice Trust. Through an IVA or another debt solution, we might even be able to direct you to an alternative to bankruptcy.
Whatever your individual situation, Debt Advice Trust will ensure you get bankruptcy information you can trust because we do not depend in funding from lenders or banks. Our helpful, friendly and fully trained staff will be very understanding and answer all your questions.
What you really need to know about bankruptcy
There are a lot of implications and effects involved in bankruptcy. Yes, bankruptcy can release you from your debts, but you need to be aware of all the serious consequences arising from being bankrupt.
The Debt Advice Trust will make sure you get the help you need to guide you through what happens through the process of law and what bankruptcy can mean for your future.
Make sure you have all the facts about bankruptcy
Our trained Debt Counsellors can help ensure you act upon the best, impartial advice so that you don’t create even bigger problems for yourself. And if we believe an IVA or another debt solution is still an option for you, then we’ll tell you, so that you can avoid all the distress and difficulties of bankruptcy.
Bankruptcy information FAQs
- Q: When is an IVA a better debt solution to bankruptcy?
A: The simple answer is almost always, if an IVA really is an option for you. An IVA helps you avoid all the stigma and serious implications of bankruptcy whilst also taking care of all your debts. Of course you’ll have to keep up your monthly IVA repayments, usually over five years, but these are specifically set at a realistic level you can afford.
- Q: Is the Debt Advice Trust totally impartial?
A: Yes. We do not rely on funding from lenders or banks so our advice is based on what best meets your own needs. We understand the incredible pressure the threat of bankruptcy can place on people and we are simply here to help.
