One method of dealing with debts you can no longer manage, is by declaring yourself bankrupt. 一種方法處理債務，您可以不再管理，是通過宣布自己破產。 However, bankruptcy is not an initiative which should be taken lightly. 但是，破產不是一個倡議，該倡議應掉以輕心。 Bankruptcy is a serious matter which will have an effect on the way you are dealt with by the creditors you wish to establish a relationship with for several years following your discharge. 破產是一個嚴重的問題，會影響你的方式處理由債權人您想建立一個關係，幾年後你出院。
Bankruptcy isn’ta fun thing to do or an easy way out for people who are buried in debt. 破產不是好玩的事或一個簡單的方式為人們誰被埋葬在債務。 It is a way to come in aid to people who just can’t get themselves out of debt and can’t get the help that they need. 這是一個方式來援助的人誰不能讓自己擺脫債務和不能得到的幫助，他們需要。 How it basically works is that you declare yourself bankrupt and the government then covers your debt and renders you as ‘broke’ to your creditors. 如何作品基本上是，你自己宣布破產，政府然後覆蓋你的債務，並使你為'爆發'你的債權人。 This inevitably implies that your record will show that you couldn’t pay your debts. 這就不可避免地意味著，您的記錄表明，你不能支付您的債務。 This makes it very difficult for creditors to put their trust in you. 這使得它非常困難的債權人把他們的信任你。
Recent Bankruptcy modifications 最近修改破產
The bankruptcy laws were modified in April 2004, and these modifications made it more easy for people to declare themselves bankrupt by minimizing the time it takes to get rid of bankruptcy from three years down to one year or less. 破產法進行了修改於2004年4月，這些修改意見更容易為人們宣布自己破產，盡量減少所花費的時間擺脫破產從三年至一年或更少。 This change was supposed to support people and help them get back in order again. 這一變化是要支持的人，並幫助他們回來，以便再次。 For private individuals; which are those who don’t run businesses, the effects of personal bankruptcy can be much harder to handle. 對於個人;這是誰不運行的企業，影響個人破產可以更難處理。
Bankruptcy Advantages and Disadvantages 破產的優點和缺點 The truth is that you mustn’t declare yourself bankrupt just because you are having trouble paying your debts. 事實真相是，你必須自己不會宣布破產只是因為你是無法支付的債務。 As mentioned above, bankruptcy should be your last possible resort. 如上所述，破產應該是您的最後手段。 This is due to the fact that you might have to give up most of your possessions as a result. 這是因為，事實上，你可能不得不放棄大部分的財產作為一個結果。 Some of these possessions might comprise; salary as well as investments in your house. 其中一些物品可能構成;工資以及投資於你的房子。
If you own any property or shares in businesses they might have to be sold in order to pay back the money that you owe as well. 如果您擁有任何財產或股份的企業，他們可能會被出售，以便還錢，你欠的。 This entails that your bankruptcy could make you lose you or your family’s house. 這意味著，你的破產可能使你失去你或你的家人的房子。 Even if the house is jointly owned by you and a spouse or parent, you could be forced to sell it so that your share of the proceeds can be used in order to repay debts. 即使房子是由你和配偶或父母，您可能會被迫賣掉它，讓您的收益可用於以償還債務。 Under new rules however, if the trustee that the court appoints hasn’t sold the bankrupt person's home within three years, it will no longer count as part of the estate and might not be reclaimed by you. 根據新的規則但是，如果受託人，法院任命還沒有出售破產人的家庭三年內，它將不再算作破產財產的一部分，並可能不是你所開墾。 Don’t hold your breath, however, because this is not all you could lose either. 不要屏住呼吸，然而，因為這不是你可能會失去的。 If you make any money whilst the bankruptcy order is still in place, it could also be withdrawn from you. 如果你把任何資金而破產令仍然有效，也可以撤回您的意見。 This money could come from the lottery, or an inheritance for example. 這筆錢可能來自於彩票，或繼承權的例子。 Obviously, you could also find your credit blacklisted for up to 15 years. 當然，你也可以找到您的信用卡黑名單為15年。 So bankruptcy is really an initiative you will want to consider very carefully before you start. 因此，破產實際上是你主動將要非常認真地考慮，然後再開始。 Interested? 興趣？ Click to go to the next page of our guide: Getting to Grips With Bankruptcy 2 點擊進入下一頁我們的指南： 如何對付第2破產 | 