HOW DOES BANKRUPTCIES WORK UK | BANKRUPTCY PROS & CONS | WHAT TO KNOW ABOUT GOING BANKRUPT

#bankruptcy #insolvency #bankrupt

How bankruptcies work uk. Bankruptcies and bankruptcy in the uk are a legal process that can be undertaken when a person has failed to repay their debts. The process allows a person’s assets to be used to pay back the debts owed and for the debt to be written off. In this video, I speak about the pros and cons of bankruptcy in the UK and I outline what happens when you file for bankruptcy.

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All information in the video is merely for educational and informational purposes. It is not intended as a substitute for professional advice.