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T O P I C R E V I E W
a2p
Posted - 29 May 2008 : 10:09:23 I had a business failure which brought down another business I had; I am now employed. Right now in the background I have £150,000 bank borrowings with PGs. What will the banks do? they are very silent at the moment;should I be expecting a hammer blow soon? or will they write it off or must I go bankrupt?
1 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 29 May 2008 : 10:21:49 Hi a2p and welcome to the forum.
Rest assured that the banks will come after you sooner or later for your PGs. However, a lot more information would be required before I can confirm whether BR is the right option for you. Try calling the helpline who would be happy to discuss your situation.