if you start selfemployment and you have debts 33000 how to avoid bankruptcy?

Question

friend how asked me for anadvic as he had 33000 ponds debts and was out of work , he was advised by bankruptcy but hewill start selfemployment soon any advice weither or not to decalre bankruptcy

Answer 1

See a bankruptcy attorney. We certainly can't advise you on the Yahoo!answers blogsite.

Answer 2

in a lot of situations, a human being seeks financial ruin as a very last motel, as you want to pay costs of approx £four hundred to commence court docket situations. Irresponsible lending, extreme costs of pastime, low wages and different factors contribute to the spiralling debt difficulty interior the united kingdom. dropping your pastime is likewise a significant set off for defaulting on loans, mortgages etc, and once you have not any money, then financial ruin is often your very last recourse. the in elementary words time financial ruin must be considered as a scam, is even as a wealthy employer human being makes a decision to close down a employer it truly is suffering, in order to then set up yet another employer with a sparkling slate.