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The word bankruptcy tends to fill most people with feelings of dread.
It’s hard to deny the fact that the word has typically negative connotations and is usually associated with financial chaos and the diminishing reputations of those associated with it. But don’t let your PRIDE get in the way of your FUTURE.
While people tend to only focus on the negative aspects of bankruptcy, there are positives that can come as a result of considering it as an option. In 2018, there are still individuals who feel that their reputation would suffer if they declare themselves bankrupt, however, we urge you to think about the positives.
Bell & Company feel, however, since 2008 the stigma associated with the process has gradually lessened. Bankruptcy can have benefits and it is an excellent tool when armed with the best advice. Sometimes, if a person is saddled with excessive, unaffordable unsecured debt then Personal Bankruptcy can be the best route forward.
The negative connotations of Bankruptcy are a thing of the past, and although the Bankruptcy process may not be right for everyone – it can be a way to lift this burden from your shoulders. Bankruptcy essentially wipes the slate clean and allows you to move on with your life without the burden of crippling debt.
How we can help
As soon as you file for bankruptcy you can start taking steps to getting your finances back under control and improving your credit score. Without the ability to put a stop to the chaos that is credit gone awry, some people would never be able to get their finances under control again, but bankruptcy can enable that to happen.
However, before filing for bankruptcy, there are steps you must take. We work under the mantra of offering Professional Independent Insolvency Advice and many borrowers will be surprised how Bankruptcy can resolve debt issues. Our team supports clients every step of the way through Bankruptcy to reduce the stress, given this is an extremely emotional process. We see clients through preparations for filing, help with paperwork – at the Courts and liaising with bodies such as the Official Receiver or Trustees.
Try Bell & Company
We don’t sugar coat the ramifications of bankruptcy, but we do outline the positives. Don’t let your PRIDE get in the way of your FUTURE.
To understand how bankruptcy can be a positive way out, and help you get back on your feet, contact our team today on 02895217373 for a FREE impartial and no obligation consultation.