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A Bankruptcy, known as ‘Sequestration’ in Scotland, is a way of dealing with debts that you can’t pay. The consequences are significant, you should take advice if you are facing or considering bankruptcy as an option to deal with your debts. While you’re bankrupt, any assets you have might be used to pay off your debts.
If you are going through a form of Bankruptcy, please get in touch. We need the details so we can ensure we have the right information to support you.
We need:
• The case number
• Date the case was filed
• The filing third party’s name and contact telephone number, (if appropriate)
We need to make you aware that under our credit card terms, there are some circumstances where we can suspend or end the use of your card. These include when you are going through an insolvency.
We may think these options are best for you and will help you avoid getting into further debt. We will also update your Credit File to reflect this information. This information will be shared will credit reference agencies and will be visible on your Credit File for 6 years.