PHOENIX
DEBT MANAGEMENT
To free yourself from debt, call
0871 245 8800
0871 245 8800
Bankruptcy is not the end, it's the start of a debt free life... Bankruptcy writes-off all your unsecured debts, meaning that you will be debt free instantly, and your bankruptcy ends after only 12-months. Instead of paying hundreds of pounds every month, for a one-off payment, you will become totally debt free, with no obligation to make any more payments to your unsecured creditors, and with no worries or stress.
Bankruptcy will write-off all your personal debts at a stroke... all your personal debts, which might include credit and store card, personal loans, mobile phone accounts, utilities debts, and if you are self-employed, all business debts, including Inland Revenue and VAT, are written-off.
Bankruptcy will write-off all your personal debts at a stroke... all your personal debts, which might include credit and store card, personal loans, mobile phone accounts, utilities debts, and if you are self-employed, all business debts, including Inland Revenue and VAT, are written-off.
Bankruptcy now lasts only 12 months. Bankruptcy will not effect your employment or benefits; if you are self-employed, then you can continue to trade; you can have a bank account. Indeed, save for not having to pay old debts, and being worry and stress free, the bankruptcy will have little or no affect on your life. You will not automatically lose your home. If you own your property, then your share of the equity (if any) can be swiftly and cheaply transferred to your spouse or a family member.
*Bankruptcy fee of £250 excludes the court fee
Once you're bankrupt your creditors, by law, must then stop calling or harassing you. The threatening letters and phone calls will stop; bailiffs will stop calling at your home. You will stop paying the hundreds of pounds you are now paying every month - you'll be debt free and be free to spend your income however you want, instead of repaying old debts.