The effects of bankruptcy upon you and your family can be drastic with the potential of you losing your home, business and other assets. We understand that this will be a difficult time for you.  Our bankruptcy team will give you sensible, practical and professional advice and help when you need it most.

 A person can become bankrupt when they can no longer afford to pay their debts as they fall due. It is possible to become bankrupt either:

Voluntarily - When a person who is in debt makes themselves bankrupt

Alternatives to Bankruptcy

Because of the potentially grave consequences of a bankruptcy order you should obtain specialist independent advice as soon as possible. If you are faced with the prospect of bankruptcy then you need to consider what options you may have, such as:

Individual Voluntary Arrangements (IVA) (both before and after a bankruptcy order is made)

Bankruptcy Annulment (after the bankruptcy order is made)

These procedures, if appropriate to your circumstances could release you and your family from the anxiety of bankruptcy.

How we can help

Our bankruptcy experts can work out what the best course of action for you might be. We will offer pro-active advice at each stage. We will explain your options and advise you on the best possible solution to meet your needs.

Contact Us Now

For further information or to arrange an appointment contact a member of the bankruptcy team on 0115 9 100 200 or email bankruptcy@actons.co.uk or fill in the contact form below.