What happens if I have to get debt advice?

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2 Responses

  1. You don’t have to go to court any more to go bankrupt – it’s all done online since April 2016. It’s a much better system and people are finding it much more friendly.

    Also if you owe under £20,000 and you are renting, then you may be able to get a Debt Relief Order which is cheaper, simpler and quicker then bankruptcy at wiping out all your debts with no monthly payments at all. See http://debtcamel.co.uk/debt-options/dro/ for more details

    • VE says:

      That’s really helpful information! Thanks! Thankfully I never had to go bankrupt but I know people who have had to and I saw how hard it was for them in the old system.

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