When you have mounting debts with no prospect of paying them off, applying for bankruptcy could be an effective way to remedy the situation and give you the chance to have a fresh start.
Expert advice is very important as soon as your debts are actually so unmanageable that radical action is required. Sometimes the problem isn't as bad as you imagine, and an informal arrangement, like a Debt Management Plan, may well be more practical.
If bankruptcy certainly is the right choice for you, then the appropriate paperwork will eventually be submitted to your local County Court.
For those living within
Welshpool and Newtown 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.