Three-time Wimbledon champion Boris Becker has been declared bankrupt at a High Court hearing, after registrar Christine Derrett said there was little evidence he would pay up the “substantial” amount he has owed a private bank since 2015.
The news is just another in a string of recent examples of what happens when one experiences financial difficulties and professional advice is not readily sought.
Financial concerns should never be ignored. They rarely improve and often deteriorate quickly. The key is to seek advice early.
If you are at all worried about your finances, don’t delay … get help!
Our team at partner business BM Advisory understands the financial difficulties individuals face, and are able to advise on a range of options to help you manage your debt.