When you have mounting debts with no prospect of paying them off, filing for bankruptcy can be an efficient way to remedy the problem and provide you with a chance to have a fresh start.

Bankruptcy will clear all of your current unsecured debts, but in doing so it is going to remain on your Credit History for 6 years, which will have an impact on your future borrowing during that timeframe. An alternative form of insolvency is an IVA, which often can be best suited if you have equity to protect, or a job that is excluded from personal bankruptcy.

If personal bankruptcy certainly is the solution you're looking for, then the appropriate documentation will eventually be filed at your local County Court.

For those living within Northampton 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.