Comments on: How to face the threat of bankruptcy http://www.clearstart.co.uk/latest-news/bankruptcy/ ClearStart Debt Management offer IVA (Individual Voluntary Arrangement) help and debt advice to clear debt via Debt Management Plans and IVA. Insolvency service. Fri, 12 Aug 2011 10:21:55 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: IVA http://www.clearstart.co.uk/latest-news/bankruptcy/#comment-362 IVA Wed, 16 Jun 2010 10:48:05 +0000 http://www.clearstart.org/directors-blog/?p=112#comment-362 I couldn't agree more that the first major step is facing up to the problem and speaking to somebody about it. Even when bankruptcy is clearly the best option though the stigma of it tends to prevent people from acting. What a lot of people don't know as it has recevied little or no publicity is that details of bankupts are no longer published in the local paper unless they have tried to deceive the official receiver or have affected the local community in some way by going bankrupt. While not wishing to encourage people to follow this course of action without serious consideration and speaking to a professional, it may go some way to removing the natural fear that occurs when considering it as an option. I couldn’t agree more that the first major step is facing up to the problem and speaking to somebody about it. Even when bankruptcy is clearly the best option though the stigma of it tends to prevent people from acting.

What a lot of people don’t know as it has recevied little or no publicity is that details of bankupts are no longer published in the local paper unless they have tried to deceive the official receiver or have affected the local community in some way by going bankrupt.

While not wishing to encourage people to follow this course of action without serious consideration and speaking to a professional, it may go some way to removing the natural fear that occurs when considering it as an option.

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