This website provides information about the legal processes and issues involved in bankruptcy and personal insolvency both from the point of view of individuals in financial difficulty and creditors seeking to recover money due to them.
For people in financial difficulty
The threat and consequences of bankruptcy are serious and the situation can be very worrying.
We explain:
- When bankruptcy can be avoided
- What happens to you during bankruptcy
- How bankruptcy comes to an end
- What happens after bankruptcy
- Other legal issues that arise in connection with bankruptcy
Bankruptcy places serious restrictions on the property and activities on a bankrupt and failure to comply with the rules can lead to action being taken against you. Information relating to the rules and procedures of the law of bankruptcy as it affects people in financial difficulty are contained throughout the site.
For creditors
The failure of someone to pay their debts to you can be of great concern.
We explain:
- What steps you can take in recovery of a debt
- How to make someone bankrupt
- What happens to the money owed to you
- What steps a trustee in bankruptcy may be able to take
The purpose of bankruptcy is to recover money and other assets available to pay off the debts of the bankrupt and the law provides a framework for this process. Information relating to the rules and procedures of the law of bankruptcy as it affects people owed money by people in financial difficulty are contained throughout the site.
Taking legal advice
This website is provided by Grant Saw Solicitors LLP.
Our experienced solicitors can offer you a clear approach to your case in order to help you understand all the relevant considerations and set your objectives. We can tailor our services to meet the needs of each individual case and aim to provide accessible and affordable high quality legal services to all our clients.