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There are many pros and cons involved
in making this decision, however to get an overview of what
is involved in both insolvency processes, Purnells would recommend
that you first read our Laymans
Guide to IVA's and Bankruptcy.
You should never consider an IVA until
you fully understand the processes involved in and implications
of bankruptcy.
To really understand "what bankruptcy
would mean to you" please click on "bankruptcy"
in the left hand index of this page. The pages in this section
make up a comprehensive guide to bankruptcy and will answer
any questions you may have in relation to this often misunderstood
insolvency solution.
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