Bankruptcy Information UK
Been Refused an IVA or Debt Management Plan?
If you have been refused an IVA because creditors would not agree to the proposal that was made or you have approached a debt management company and you have been refused to enter their debt management program. then you need an alternative solution. Our specialist consultants here at Bankruptcy.co.uk pride themselves as a specialist team of individuals who receive very special training. Our advisors will attempt to look at your situation in a way that is different to the majority of market driven companies, some of whom, exist only to provide you with either a debt management plan or attempt to enter you into an Individual Voluntary Arrangement. We are able to point you in the right direction and can often provide you with a debt management program that is suitable for your circumstances or, if the criteria is right and an IVA is suitable for you, then we work with Insolvency Practitioners who will be able to assist you. We do operate a rule of thumb! If you have no assets (and that means that you do not own any property), you do not have any expensive items such as a power boat or overseas property or private art collections or anything that would have a real significant value, you live in rented accommodation and you are not in employment that would be affected by a Bankruptcy Order and it is the right moral choice for you, then bankruptcy could well be the right option for you.
We understand only too well that any type of financial pressure has an adverse affect on people and therefore it is imperative that you are given the right advice for your circumstances. If you are considering bankruptcy not only is it important that you are relieved of your debt problem but it is just as important that you know what to do and you approach life with the right attitude after bankruptcy. We are a positive organisation. We try to ensure that you approach bankruptcy with the right attitude and you use it as the insolvency tool that it is intended for. It is true that some people struggle in an emotional sense after bankruptcy, and it is not the right choice for everyone, but this does not have to be the way and if you understand the circumstances that you are facing and you appreciate the steps that need to be taken then there is nothing stopping you from using bankruptcy as the fresh start that it is intended to be.
We at Bankruptcy.co.uk invite all of our clients that feel the need for further assistance to contact us after bankruptcy in order that they can discuss their needs and requirements. More often than not it is the simple things that get people down and now knowing how to do something or get something which proves to be very difficult. By speaking to our helpful and friendly staff, we can usually find a way to help you or to guide you to help yourself.