Living with bankruptcy: what it means to go bankrupt in the UK

Julia Shawcross
Bankruptcy sign being held by woman in business suit
Bankruptcy sign being held by woman in business suit

Bankruptcy is a pretty dire prospect - but may sound quite attractive when you trawl through the multitude of bankruptcy help websites. All your debts written off! Who'd say no to that?

However, you should think very carefully before going down that route. Bankruptcy should always be a last resort. It could have serious and sometimes unexpected implications. What does life as a bankrupt, and after bankruptcy, look like? %VIRTUAL-SkimlinksPromo%