Use this tool to help you find the formal insolvency options you're eligible for if you can't pay your debts.
Time to complete: 3 mins
You will be asked a few questions about:
- Money you owe
- Your income
- Things you own
You will then be shown your main formal options under the Bankruptcy Act 1966.
There is an additional option called temporary debt protection (or TDP), which provides you with a 21 day protection period from being pursued by unsecured creditors while you seek help and decide how to proceed. It may suit you if you need urgent relief to give you time to consider what your next step will be.
For more information on this option see What is temporary debt protection?
If you need help managing your debt, you can also: