Bankruptcy Help

Bankruptcy should never be seen as the easy option out of debt as there are implications that cannot be avoided, such as the loss of personal assets which may include your home.

We can offer you help with your debt problems and can help you find an alternative to Bankruptcy which can suit your circumstances. Bankruptcy alternatives include a Debt Management Plan, IVA or Secured Lending.

Please see our 1 Minute Debt Test for potential solutions available.

Free Bankruptcy Help from One Advice

There are ways that you can become debt free which don’t involve bankruptcy. One Advice have helped others who are facing bankruptcy, and will offer you the correct debt advice and guidance.

If you are considering Bankruptcy then it is important that you seek help and advice. Please remember that our One Advice advisors are on hand to offer you free information about your finances, and any Bankruptcy alternatives that are available. Contact us today on 0800 019 5870.

Entering into an IVA may adversely affect your credit rating for up to six years from the date of approval.

Your property will be protected within an IVA but you may be required to release all or part of any equity during the period of the arrangement.

Failure to complete the term of an IVA can result in bankruptcy.

(In Scotland, a PTD is the equivalent to an IVA.)