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T O P I C R E V I E W
pipem
Posted - 16 May 2008 : 21:14:54 I owe a total of £17717.84. £9623.00 of that total is owed to friends and family. How does this affect my situtaion, if at all?
2 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 17 May 2008 : 19:43:24 Hi pipem,
As Melanie says you will have to include monies owed to friend and family within your Bankruptcy and must not make any arrangement to treat these any different to your other creditors.
Posted - 17 May 2008 : 00:04:58 Hi pipem and welcome to the forum
It doesn't affect you at all - those debts will rightly stand side by side with debts from your other creditors - so you do need to ensure that they are declared on your bankruptcy application form.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
