Which type of bankruptcy clears all debt?

Filing for bankruptcy may be a good option to consider, but there are limitations to this debt relief solution. Seng Kui Lim/Getty Images The idea of wiping the financial slate clean through bankruptcy can seem like an ideal solution for those who are struggling to keep up with their debt payments in today’s high-rate inflationary…

Government steps in to help run Spelthorne Borough Council

Government-appointed commissioners are to intervene in running a Surrey council with debts of more than £1 billion. Jim McMahon, Minister of State at the Ministry of Housing, Communities and Local Government, said the government had appointed officials to oversee Spelthorne Borough Council. The interventions come after government inspectors expressed concerns over its record of implementing…