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

Bankruptcy will clear all of your unsecured debts, but in doing so it is going to remain on your Credit File for six 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 suitable in case you have equity to protect, or a job which is excluded from personal bankruptcy.

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

For those living within Whitehaven 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.