You will need to be insolvent (you cannot service your debts) and it will cost you £700 at court unles you are in receipt of certain benefits in which case you may get a reducttion.
Bankruptcy itself usually lasts no longer than twelve months. It will remain on your record for six years in total.
Follow through Make your dreams come true Don't give up the fight You will be alright 'Cause there's no one like you in the universe
Call an expert on here and chat everything through. There may be other options, but if it is bankruptcy then we can explain the process and answer any questions.
Please post any questions you have on the forum too.
How do you declare yourself bankrupt?
Posted - 27 April 2012 : 20:02:01
