When you have mounting debts with no prospect of paying them off, applying for bankruptcy could be an efficient way to treat the situation and give you a chance to have a fresh start.
Expert advice is very important once your debts have become so unmanageable that significant action is required. Occasionally the problem is not as bad as you believe, and an informal arrangement, such as a Debt Management Plan, may well be more appropriate.
If bankruptcy certainly is the solution you're looking for, then the appropriate paperwork will eventually be submitted to your local County Court.
For those living within
Shrewsbury 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.