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What Is Bankruptcy? Is It Right For You? 

StepChange Debt Charity
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Bankruptcy is a form of insolvency that writes off debts if you can't afford to repay them, giving you a fresh start. It's a legal process that's suitable if you have little hope of repaying your debts in a reasonable amount of time. Find out more about going bankrupt: www.stepchange.org/bankruptcy
If you're struggling with your finances don't wait to ask for help. Use our free online debt advice tool today and take the first step towards changing your situation. Start now at www.stepchange.org/start
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We provide the UK’s most comprehensive debt advice service. Since 1993, we've helped 7.5 million people with debt problems take back control of their money and their lives.

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18 апр 2022

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Комментарии : 11   
@benjaminmossman161
@benjaminmossman161 9 месяцев назад
Thank you, this is a much needed video. I appreciate it.
@StepChangeDebtCharity
@StepChangeDebtCharity 9 месяцев назад
Hi there Benjamin, we're glad it was helpful! Best wishes - Kimberley at StepChange
@phisit8813
@phisit8813 3 месяца назад
Declared Bankruptcy and get a new life abroad for 6 years.
@marty3553
@marty3553 2 года назад
And a small amount of dept could cost a big fortune in the end and loose items in your home
@maxra1
@maxra1 14 дней назад
What is the next step when applying online and making the fee payment? How long would it take to complete the whole process? I have a 30-day hold with my lenders at the moment.
@StepChangeDebtCharity
@StepChangeDebtCharity День назад
Hi there Max, thanks for your question! You can find out more information here: www.stepchange.org/how-we-help/bankruptcy.aspx. If you need help specific to your situation, please do get in touch with us online or over the phone at stepchange.org. Best wishes - Kimberley at StepChange
@fatbelly27
@fatbelly27 4 месяца назад
The fee is currently £680 and the application process is done online.
@nomadcarpenter8549
@nomadcarpenter8549 4 месяца назад
The irony
@maxra1
@maxra1 14 дней назад
What is the next step when you apply online and pay the fee? How long would it take after that? I have a 30-day hold with my lenders currently.
@fatbelly27
@fatbelly27 12 дней назад
@@maxra1 Usually approved in 24 hours
@marty3553
@marty3553 2 года назад
You still have to pay back the dept
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