When you have mounting debts with no prospect of paying them off, declaring bankruptcy could be an efficient way to treat the problem and provide you with an opportunity to have a fresh start.

You need to seek professional guidance prior to proceeding to ensure that this is the right decision available to you, as bankruptcy could adversely affect your assets and occupation.

If personal bankruptcy is the solution you're looking for, then the necessary paperwork will eventually be submitted to your local County Court.

For those living within Lincoln 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.