Bankruptcy Explained: An Essential Guide for the New Economy

In spite of Britain's apparent recovery from recession, bankruptcies continue at record levels, and show every sign of continuing to do so for the foreseeable future. Meanwhile the rules of bankruptcy are continually changing, with new laws passed every couple of years and new political initiatives to help sweeten the pill. This important new guide explains exactly how bankruptcy works, how individuals can take advantage of the procedures to wipe out debt and start afresh, and how to manage the process to ensure the best outcome with the minimum pain. Until fairly recently bankruptcy was a stigma to be hushed up and lied about. Increasingly it is an accepted part of our economic environment. This book explains how and why.