Edge of Bankruptcy

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About Edge of Bankruptcy

Bankruptcy can often be a very complex subject area; it is used as a way of collecting debts that you simply cannot repay. The act of bankruptcy is often humiliating and can have repercussions on your life for years to come, which is why it is essential that you explore every alternative open to you before being declared bankrupt.

Although in many instances there is often no alternative to bankruptcy it really is vital that you explore every other option. Just because you are in debt you do not have to become bankrupt there is help available to you that could save you from becoming bankrupt. It is so important that you explore this help as being declared bankrupt will have more of an impact on your life than you think. Below is just a small fraction of what you should expect from becoming bankrupt:

  • If you own a business it will immediately be closed
  • You will lose assets of important value such as your home, life insurance and even pensions
  • If you acquire any further assets whilst you are declared bankrupt, i.e. inheritances, insurance settlements, and growth of asset value in your home; they will be lost too
  • Your building society, creditors, landlord, etc will be informed straight away
  • All of your bank accounts/credit cards will be closed and anything that you are buying on hire, i.e. a car will be returned to the garage
  • You will lose any professional/business status and face prejudiced as well as rejection from many associations
Here at Edge of Bankruptcy we offer an alternative to bankruptcy. We are made up of English and American Business Angels and Venture Capitalists. Our aim is to help companies who are facing mounting debt and difficulties by investing in them, which will release funds for the business owner to repay the debt. We also provide guidance and management in exchange for a percentage of equity.

At Edge of Bankruptcy we understand the urgency to get debt resolved to prevent bankruptcy, which is why we work quickly and we can provide funds within days. We are here to provide you with a solution when no one else will. We can offer you funding packages, which may include secured/unsecured loans and equity stakes or combinations of all of the above.

If you would like to find out more about what Edge of Bankruptcy can do to help you, contact us today and speak to one of our highly trained advisors about what to do next.


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