Posts By: Andy Gorton

About Andy Gorton

Andy Gorton is the author and editor of the Bankruptcy Clinic

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Here are my most recent posts

Companies Going Bankrupt

If your company is about to go bankrupt, and you have tried researching UK business bankruptcy on your own, then you may be a little bit confused. In fact, you may have had a hard time finding any information at all. That’s because in UK law, there is no such thing as business bankruptcy. The… Read more »

Bankruptcy Versus an IVA

When you are looking to find a way out of debt, the first thing you think of might be bankruptcy. While bankruptcy might be the best option for some people, it is certainly not the best option for everyone. Fortunately, there are also other options. One of those options is an individual voluntary agreement, which… Read more »

Bankruptcy Statistics in the UK

As with any other types of statistics, there are a number of ways to interpret bankruptcy statistics in the UK. However, before any meaningful data can be gleaned from these statistics, it is vital to have at least some understanding of the differences between bankruptcy and what is known as an individual voluntary agreement. To… Read more »

Why Would you Consider Bankruptcy

There are lots of reason why you would consider. For a moment, let us consider the meaning of that world “consider” (if you will pardon our pun). When some people speak of considering bankruptcy, they mean they are trying to decide whether or not to declare it. However, there is also another type of consideration… Read more »

Bad Credit Loans – Can They Really Help?

How often you find your self in some bad credit position? Normally bad credit can emerge due to a variety of reasons. So, having a bad credit rating or a bad credit does not necessarily signify that you are a bad person. Some of the things you can do when you get a poor credit… Read more »

Christmas Debts: Making January that much Easier to Manage

Christmas is a wonderful time of year, with festivities, parties, food, presents and all sorts of fantastic goings on to make life seem that little bit more manageable. However, it is also a time of great stress for many. There can be little doubt that Christmas costs an absolute fortune and many families simply cannot… Read more »

How To Avoid Bankruptcy with Credit Card Debt

Normally people worry a lot about reducing their debt and especially credit card debt. If not managed right credit card debt can often lead to serious debt problems or even bankruptcy.With so many people paying only the minimum payment required on their credit cards they will never pay off their credit card balance and are… Read more »

Old Debts that are Statute Barred

There is a lot of legislation that governs the financial industry at the present moment, most of which is designed to protect consumers from financial institutions and creditors that become a little exuberant when trying to collect. If these laws were not in place then the stress that you feel now would undoubtedly be far… Read more »

All About Debt Relief Orders

It is incredibly easy to get lost in a world of debt at the moment but not through spending more than you can afford (although that is of course how you get into it in the first place). Instead, getting lost is easy as a direct result of the amount of jargon that is bandied… Read more »