Someone you owe money to (a 'creditor') can take a County Court action against you to claim the money. If you pay the amount outstanding, you can avoid a hearing or judgment. If not, there’ll be a simple court hearing in private. You can attend if you wish, or just send the information the court [...]
Common Bankrupty Questions & Answers
If you have debt problems, you may be thinking about the possibility of bankruptcy. It’s important to understand what bankruptcy is, and what alternatives exist. Bankruptcy isn’t permanent, so you may choose it as a way of clearing your debts and making a fresh start.
What is bankruptcy?
Bankruptcy is a legal status that usually lasts for [...]
Your primary options to avoid bankruptcy are:
Individual Voluntary Arrangement (IVA)
Debt Management Plan
Loan
Token Payment Approach
You can watch the video answer to this question, online. Click here.
You can watch the video answer to this question, online. Click here.
You can watch the video answer to this question, online. Click here.
You can watch the video answer to this question, online. Click here.
You can watch the video answer to this question, online. Click here.
You can watch the video answer to this question, online. Click here.
