When you have mounting debts with no prospect of paying them off, applying for bankruptcy is often an efficient way to treat the problem and give you the chance to have a fresh start.

Personal bankruptcy will clear all of your current unsecured debts, but in doing so it's going to stay on your Credit History for six years, which can impact your future borrowing during that timeframe. Another form of insolvency is an IVA, which often can be suitable for those who have equity to protect, or a career which is excluded from personal bankruptcy.

If personal bankruptcy is definitely the answer you're looking for, then the required documentation will eventually be submitted to your local County Court.

For those living within Chelmsford we have included the court details below. You only need to contact the court if you already have everything prepared, including your Statement of Affairs and Debtor's Petition, and you are ready to finalise the Bankruptcy Order.

To arrange a consultation you can complete this online form, and an experienced Advisor will be in touch to assess your situation and advise you accordingly.