What is Bankruptcy?
Bankruptcy is a way of dealing with debts when the customer doesn't have any money to pay them. The customer will normally become free from the debts included within 12 months and ensures any assets they have are shared evenly amongst their creditors.
Filing for bankruptcy is a big step and one which needs careful consideration. At Money Debt and Credit we provide a range of debt solutions and can offer expert advice based on personal circumstances. If the customer decides that bankruptcy is the best option for them we have experienced staff to support and guide them through every step of the application process.
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