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LIFE DURING AND AFTER BANKRUPTCY

Fact Sheet

by Clare Corrigan23.07.19

The decision to declare yourself bankrupt, is not an easy one to make, nor is it a decision that anyone plans for or ever wants to face. The personal burden and stress caused by personal financial hardship usually doesn’t only impact the debtor, but also has an effect on their loved ones, their health, employment and other parties. Bankruptcy offers a person who is struggling financially, the opportunity to be released from their debt burden, start over and rebuild financially.

The decision to declare yourself bankrupt, is not an easy one to make, nor is it a decision that anyone plans for or ever wants to face. The personal burden and stress caused by personal financial hardship usually doesn’t only impact the debtor, but also has an effect on their loved ones, their health, employment and other parties. Bankruptcy offers a person who is struggling financially, the opportunity to be released from their debt burden, start over and rebuild financially.