Can I Travel Overseas While I Am Still Bankrupt?
For people in severe financial difficulties, declaring personal bankruptcy is a way to tackle debts, satisfy creditors and eventually make…
Can I Get a Credit Card After Bankruptcy?
A 2024 UK Finance report highlights both the rise in credit card use and a rise in exceeding spending limits…
Can a Creditor Make Me Bankrupt?
With household debt in the UK now topping 2 trillion pounds, you wouldn’t be alone if you are wondering can…
Can You Get a Mortgage After Bankruptcy?
The idea of homeownership after a bankruptcy is daunting and can sometimes feel impossible, but it isn’t. While bankruptcy impacts…
Can Directors Be Made Bankrupt If Their Business Fails?
Limited companies provide protection to directors through the ‘corporate veil’. The fundamental principle of limited liability means directors shouldn’t face…
Can I Open a Bank Account After Bankruptcy in the UK?
Being declared bankrupt can feel like your financial world has come to a standstill. Your accounts are frozen, assets are…
Can I Get a Loan After Bankruptcy?
It feels like hitting financial rock bottom when you file for bankruptcy. You’re forced to give up your luxuries, in…
Overview of the Bankruptcy Process in the UK
A concerning trend happening across the United Kingdom is the rise in individuals facing multiple bankruptcies. While we often think…
How Long Does Bankruptcy Last?
The question of how long do bankruptcies last might seem pretty straightforward, but like many aspects of personal finance, it…