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Personal Bankruptcy
We Take Care of Everything You Need
In conjuntion with our UK network, we support personal bankruptcy and help to people across Northern Ireland and GB.
Facing or considering personal bankruptcy can be the best way forward for your given financial circumstances. For some people this debt solution may be more appropriate than an IVA or debt restructure and management plan.
How our Accountants can help you!
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What is Bankruptcy?
Bankruptcy is a court-based procedure whereby you can choose to become bankrupt or your creditors enforce it on you.
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How Personal Bankruptcy Works
When you enter bankruptcy, your assets will be under the control of an appointed Trustee, who will then take steps to turn your assets into money to then pay off your creditors. As a bankrupt individual, you have a duty to assist the Trustee in enquiries relating to your financial conduct before bankruptcy.
Bankruptcy can be a very straightforward way to resolve your financial affairs, with the goal of ensuring your creditors are satisfied and you are debt-free.
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Get Personal Bankruptcy Advice in Northern Ireland and UK
If you feel bankruptcy would be the best option for you or you would like more information, contact our team and we will schedule a confidential consultation within our network.
Why Use MJ Kane As Your Accountants
Award winning services
8000 plus satisfied clients
100+ years combined industry experience
30+ Countries covered
Fixed Fee Service
Tax efficiency focused
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