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Declaring Bankruptcy: How Can It Affect Your Life?

The economic slowdown caused by the coronavirus pandemic has greatly affected borrowers struggling with debt problems. According to a Financial Times report, hundreds of UK citizens are worried about their finances with the worst-affected ones already considering extreme measures like bankruptcy or personal insolvency. Declaring bankruptcy is not a decision that should be taken lightly.

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77% of us are stressed about money but we’re not talking about it

It’s Mental Health Awareness Week and this year’s theme is stress. According to research, more than three in four Brits feel overwhelmed by stress, especially because of their financial situation with many considering an debt solution. A study conducted by Metro‘s Mentally Yours podcast and Toluna surveyed 1,000 UK residents ranging in age, income, and location. Stressed about money

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