Bankruptcy applications move online from April
The Insolvency Service announced yesterday (30 March 2016) a new non Court process for dealing with bankruptcy applications which they believe will fast track appropriate cases and try to move away from the stigma of the old Court based system. Please see the attached link for more details.
Individuals with assets such as the family home or business interests should continue to take professional advice and consider alternatives to bankruptcy such as an Individual Voluntary Arrangement (“IVA”).
We offer a free consultation to help you explore and consider your alternatives so please call us on 01273 731144 or e-mail at email@example.com if you require independent and professional advice.