DON’T TALK TO A TRUSTEE UNTIL YOU READ THIS
There are many myths about Insolvency (Bankruptcy) Trustees. Rethink your conversations.
The fact remains that Licensed Insolvency Trustees (formerly Licensed Trustees in Bankruptcy) are the best trained debt-help professionals in the country.
Just because you speak to a trustee does not mean that your information is automatically on the public record.
Speaking to trustee will not stop you getting or using further credit.
A trustee will not confiscate your credit cards or your property on your first meeting with them.
If you use credit cards after meeting with a trustee the resulting debt does not automatically survive a subsequent insolvency proceeding.
A Licensed Trustee can be a trusted business advisor.