Rule 1 of 5: On Debt Relief, Insolvency, and Bankruptcy. Be informed and Active in your solution.
Personal insolvency is here but not without detractors. It is a curious situation that whilst lenders remain silent on the new insolvency process the negative commentary on some aspects of the legislation may in fact drive people away from insolvency and into the hands of their banks without due consideration of all the options now in place to provide debt relief. The mention of Bankruptcy is enough to push many people into hopelessness. more