Answer: Depending on if you have any proeprty or other assets, and if you are working and can afford to pay something towards the debts each month will determine if bankruptcy is the best option for you.
You are allowed a basic account whilst bankrupt, any other accounts can be frozen by the Official Receiver and the banks.
I hope this has answered your question.
For more information and assistance, please complete our eligibility form at our web site www.bankruptcy.org.uk or ring us at 0800 0029951.
Regards,
Jon
