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Common Bankruptcy Questions & Answers

Common Bankruptcy Questions & Answers (302)

Monday, 12 October 2009 09:18

Secured loans after repossession

Written by Jon
Question: Sirs I had 2 secured loans attached to my house but I lost the house under a repossession. I had to move quickly after the evicton order into private renting as the local council would n ...
Thursday, 08 October 2009 03:02

Bankruptcy and my job

Written by Jon
Question: How likely is it that I would lose my job because of being made bankrupt? There is a clause in my contract that says I COULD lose it. Thanks.Answer: You will need to discuss this with y ...
Sunday, 04 October 2009 08:09

Bank still sending mail

Written by Jon
Question: Hi i used your foreign service in May this year and was declared bankrupt but i am still getting letters and personal call to my mums address which was my registered UK address before i ...
Saturday, 03 October 2009 07:18


Written by Jon
Question: I was discharged from bankruptcy feb 2008 but i am trying to rent a house ,they have said i have outstanding ccj,s and i need to have a certificate of satisfaction or i will lose the hou ...
Wednesday, 30 September 2009 16:31

IVA / Bankruptcy

Written by Jon
Question: I have lived with my partner since April 2009. Im sole owner have 1/3 equity and the rest mortgaged. He pays jointly to all living expenses we do plan to join him on the mortgage but at ...
Wednesday, 30 September 2009 16:21

HP car loan

Written by Jon
Question: I am on a debt management progrthe company ame, can i take out a hp loan for a car. many thanksAnswer: You may want to ask that question of the company handling your DMP, but taking on ...
Tuesday, 29 September 2009 09:36

When am I due to pay tax again, I am self employed?

Written by Jon
Question: I was made bankrupt in Sept 2008. At that time I owed tax for April o7 to April 08. I understand that I do not have to pay that tax bill but will I be expected to pay my tax bill for Apr ...
Friday, 25 September 2009 06:41

After bankruptcy - old house debt

Written by Jon
Question: I was discharged from bankruptcy 11 years ago together with my ex-husband. The house was repossessed during bankruptcy and sold at a loss. If I now get a joint mortgage with my second hu ...
Friday, 25 September 2009 03:17

Child maintanace & Bankrupcy

Written by Jon
Question: Hello.Im asking a question on behalf of a friend.She has been divorced for several years & has two children from the marriage. She is now living apart with the boys .Recently child maint ...
Friday, 25 September 2009 03:13

Bankruptcy 2nd time around

Written by Jon
Question: 10 years ago my husband made himself bankrupt we stayed together and did not get a divorce. I bought his equity in the Matrimonial home therefore now solely on deed. Mortgage still joint ...
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Our Services

If you have a serious debt problem, bankruptcy can free you from your debts within 12 months. As a solution for dealing with serious debt, bankruptcy is a last resort. Other debt solutions need to be explored first, to help determine if bankruptcy is the right debt solution for you.


Your financial affairs are put into the hands of an Official Receiver or Trustee, who will control all your assets - and if you own a property, this will also be included. These will be sold and the money used to pay as much as possible to your creditors.


There are consequences to bankruptcy which will affect your finances and work life. You may struggle to borrow money, for example, and will not be able to apply for certain jobs.


For some, bankruptcy is the right option and will put an end to pressure from creditors. Our team of experts are on hand to advise on the best solution to your debt problems - call now on 0800 002 9951.


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