Help with bankcruptcy

Mitchel.

Hello

Im looking for advice in relation to going bankcrupt ive built a large debt with the likes of the hmrc vat credit card and few other things mainly to do with running my business. Ive wrestled to fix these things for years but struggle with paperwork. In relation to going bankcrupt do I just ring an insolvency companies and let them deal with all the paperwork is that how it works. Id just like a clean slate to not be chased anymore i havent had credit in years and dont need it so that doesnt worry me loosing that option for the next 10 years. 

luvchocolate

If you are in business the people to talk to are business Debtline. 
Otherwise try Stepchange. 
Please don't involve yourself with companies that charge you for help. 
Stick to the debt free charities 

fatbelly

If your business is insolvent use Business Debtline for help.

For personal insolvency you don't need to involve anyone as you can apply via the gov.uk website at a cost of £680. However, it is best to take advice first so that you can work out the best option for your circumstances

As well as Business Debtline, both of these will not charge you:

StepChange Debt Charity

A full debt help service is available across the UK. Online support is also available via its debt advice tool where you can create a budget and get a personal action plan with practical next steps. You can also ask a StepChange adviser a question on our dedicated MSE Forum page.

• Tel: 0800 138 1111
  
• Opening times: Monday to Friday, 8am to 8pm, Saturday, 8am to 4pm (closed on Sundays and bank holidays)

National Debtline

National Debtline provides free advice and resources to help people deal with their debts. Advice is available over the phone, online and via webchat.
 

• Tel: 0808 808 4000
  
• Opening times: Monday to Friday, 9am to 8pm, Saturday, 9.30am to 1pm