HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 archive
 bankruptcy postbag for april
 Claim

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
   

T O P I C    R E V I E W
introuble Posted - 03 April 2008 : 16:54:51
Hi,

I am currently looking at filing for Bankruptcy. I have an ongoing Public Liability claim. Probably wirth no more than £1000 worse case against me. My insurers are curerntly dealing with it. I pay monthly for my cover.

How will I be effected i.e. will cover cease, does the claim go into the Bankruptcy pot, can the claimant come after me if that is the case?

Can I not keep my cover going?

This is not the reason for my Bankruptcy.

Darren
3   L A T E S T    R E P L I E S    (Newest First)
Reviva UK Posted - 04 April 2008 : 08:54:16
hi introuble

you have a lot going on with trading through Br, possible bro, franchise problems, public liability problems, fresh start, preparing for Br etc et etc

really suggest you sit down with an expert who understands business, franchising, insolvency and if necessary br process.

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com
introuble Posted - 04 April 2008 : 08:22:58
So really I need to wait to petition until the claim is closed, which will hopefully be by the end of April.

I currently pay my premiums monthly, anybody know what the effect may be on that i.e. you have not paid the full premium for the year so we will not settle the claim if I go BR now?

Darren
Reviva UK Posted - 03 April 2008 : 23:40:02
Hi sorry to hear about your difficulties.

with regard to continued cover you might want to check with coveritall an expert on the iva.co.uk site.

I understand that if your insurers are dealing with the claim then if succesful they would pay out. Your liability may be limited to the excess and if the case was settled prior to you going Br then this would be a debt and included in Br.

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06