This has left a lot of people in debt and facing possible bankruptcy. There are however a number of alternatives to bankruptcy which are a much better option. People can seek a debt relief order if their debt is less than 15000 …

Source: Alternatives to bankruptcy explained | Get Rid Of Debt Money Blog

The Debt Relief Order and IVA are legal alternatives to bankruptcy aimed at helping those who cannot manage their debts. An alternative more informal solution might be the debt management plan. The first step to dealing with debt …

Source: Just-Article.com » Is Consolidation Really a Debt Solution?

… which may include; a Debt Management Plan, an Individual Voluntary Arrangement (IVA or Scottish Trust Deed in Scotland), Bankruptcy, a Debt Relief Order or other alternatives that may emerge in the current recessionary climate. …

Source: Eurodebt Lincoln for all debt advise : Ecademy Marketplace