Bankruptcy / Insolvency Law
Fresh Start Process (Individual Insolvency)
A simplified insolvency process allowing eligible individuals with very limited income and assets to have specified unsecured debts discharged.
This process is designed for individuals in genuinely difficult financial circumstances, below specified income and asset thresholds, giving them relief from certain unsecured debts without going through a full, more elaborate insolvency resolution process.
It reflects an evolving recognition that individual debtors, not just companies, sometimes need a structured legal route to genuinely fresh financial start.
Need a Bankruptcy / Insolvency lawyer?
Browse Bankruptcy / Insolvency Lawyers