All Forums  archive  bankruptcy postbag for may  Offers made last week

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by indy2005[/i] [br]Hi, I wrote to my creditors last week offering 73p in pound. We had 20K from my mum in the wings, and we had enquired about a 20K secured loan. We got one verbal acceptance, but havent received the responses yet. We decided it wasnt wise to borrow again to get out of debt, and the house is no longer mine (so why should I make my wife borrow against her house), so I went bankrupt Monday. I didnt mention this on the SOA, although there was a section asking if I had agreed any "composition" or come to an agreement with my creditors. 1) Is this important 2) I didnt mention the DMP with PayPlan, is this an arrangement/composition and does it matter I missed it 3) Although we didnt go through with the loan on the house, to get it agreed in principle we had to put my name on it to get the salary up. Will this "non followed through" application be known by the OR, and will it undermine any claim I make that I have no interest in the property. They rang up today to ask how soon I could sign and return it and I told them the good news. Thanks i [/quote]   Check here to include your profile signature.