If you’ve ever considered bankruptcy as a way of dealing with your debts, you may have heard you have to cooperate with the ‘official receiver’ – but who are they, and what’s their role during the UK bankruptcy process? In this post, we’ll explore who the official receiver is, what they check during a bankruptcy, […]
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*A debt write off amount of between 25% and 75% is realistic, however, the debt write off amount for each customer differs depending on their individual financial circumstances and is subject to the approval of their creditors. The example provided has been achieved by 10% of our IVA customers in the last 12 months.
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