The B Word: You Can Consider Bankruptcy

If you are considering bankruptcy It is essential to remember that bankruptcy laws and processes are there for two reasons:

  1. For a creditor to recover due money. This is only worthwhile if they know the debtor has assets.
  2. For Debtors to relieve the pressure of debt and in a way, protect themselves.

When considering the approach to any debt issue – Bankruptcy is the ultimate sanction and needs to be considered. If this is ignored and not investigated and considered thoroughly, then your advisor is failing in their duty to you.

There are more myths, lies and ‘bar room advice’ around Bankruptcy than any other demand of our work. The stigma is usually exaggerated in today’s world.

If you want definitive advice for you, your friends or family, call Bell & Company – 0330 159 5820

Each case is different which our experts work closely on defining a tailored, impartial strategy. If you’re considering bankruptcy contact us. 

Alternatively, have a look at our E-brochure where you can read more on our services. 

 

Debt…The Opera Singer

The keys, as we always tell prospective clients approaching us embroiled in a debt spiral are: Know the Worst...

SME DEBT PRESSURE – HELP THE OWNER

Personal Guarantee – I’ve received a Statutory Demand!

Back to News