Personal debt and bankruptcy is becoming all too common. This area of the law looks at more than just bankruptcy; it also looks at debtors’ statutory rights and self-help options before considering bankruptcy.
We can assist by giving you information on your statutory rights and help assess the options that may be available to you. We can also provide information and assistance regarding the new changes to the bankruptcy laws that are effective as from 3 Dec 07.
Example:
Jeremy has just lost his job through redundancy (with no pay out) and is paying a mortgage and a car loan. Jeremy lives week to week and has almost no savings and needs a regular income to pay his debts. Now he has no income and the payments are due.
|