Bankruptcy has always carried a certain stigma to it. This is something that is gradually changing in the ...
Read More »Bankruptcy Courts in and around Blackburn
Blackburn County Court
Blackburn County Court
64 Victoria Street
Blackburn
Lancashire
BB1 6DJ
Blackpool County Court
Blackpool County Court
The Law Courts
Chapel Street
Blackpool
Lancashire
FY1 5RJ
Burnley Combined Court Centre
Burnley Combined Court Centre
The Law Courts
Hammerton Street
Burnley
Lancashire
BB11 1XD
Lancaster County Court
Lancaster County Court
2nd Floor
Mitre House
Church Street
Lancaster
Lancashire
LA1 1UZ
Preston Combined Court Centre
Preston Combined Court Centre
The Law Courts
Openshaw Place
Ring Way
Preston
Lancashire
PR1 2LL
Tameside County Court
Tameside County Court
P.O. Box 166
Henry Square
Ashton-Under-Lyne
Lancashire
OL6 7TP
Wigan County Court
Wigan County Court
Wigan and Leigh Courthouse
Darlington Street
Wigan
Greater Manchester
WN1 1DW
Oldham County Court
Oldham County Court
New Radcliffe Street
Oldham
Greater Manchester
OL1 1NL
Manchester County Court
Manchester County Court
Manchester Civil Justice Centre
1 Bridge Street West
Manchester
Greater Manchester
M60 9DJ
Blackburn Bankruptcy Help
Filing for bankruptcy can be very beneficial choice for some, and a terribly devasting one for others. Obtaining the protection of a bankruptcy order is a civil right that you can enforce when your level of debt has become so unmanageable, and the prospect of you repaying it so impossible, that it is the only reasonable course of action.
There is an alternative called an IVA, which is arguably a much more suitable choice if you have a property (that’s in equity) that you want to keep, or vehicles worth more than £2,500. Unlike bankruptcy an IVA protects your assets, and is a contract between you and your creditors agreeing upon monthly instalments for a period of 5 years.
When facing insolvency it is worth considering both options, but whichever you choose, they both adversely affect your credit rating in the same way and they both provide a way to lift the burden of debt.
You can speak to a qualified insolvency expert for unbiased advice, with no-obligation, by completing the form on the right.
Your credit record is a very important part of your life. It will dictate how you are treated ...
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When you have been declared bankrupt there are various restrictions and obligations that are applied to you. In ...
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