Call our debt helpline:

0800 157 7254

Existing customers helpline:

0800 093 5322

DEMSA OFT

Our customers

When we joined Debt Advisory Line we were in a terrible financial situation. We made one call and joined straight away after receiving brilliant proffesional advice. The personal service is fantastic and not a lot of companies offer this...

Sacha

Why Debt Advisory Line?

We aim to reduce debt in the shortest possible time. We are members of DEMSA - (The Debt Managers Standards Association). We adhere to the code of conduct as set out by DEMSA which aims to protect the interests of both consumers and lenders. The DEMSA code of practice is approved under the OFT (Office of Fair Trading) Consumer Codes Approval Scheme (CCAS).

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Bankruptcy advice
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Debt Advice from Debt Advisory Line

Are you looking for bankruptcy law information?

Where is a bankruptcy order made?

Bankruptcy petitions are usually presented in the High Court in London or at a county court near where you live or trade (although not all deal with bankruptcy petitions).

Who deals with your bankruptcy?

Official Receiver

An Official Receiver is appointed to protect your assets. They act as trustee of your bankruptcy affairs if you have no assets.

Insolvency practitioner

If you do have assets, an Insolvency Practitioner will be appointed to act as trustee and sell your assets to pay your creditors.

Once a bankruptcy order has been made against you, your creditors can no longer pursue you for payment. Payment becomes the responsibility of the trustee.

Get Online Bankruptcy Advice - Complete our Debt Advice Form !