All Forums  archive  bankruptcy postbag for august  If Debt management plan fail

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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 bc73[/i] [br]Hello to everyone! We are currently on a DMP and paying £435/month,I am hopefully going abroad to work ,OH will be out of work,with the hope that eventually will be able to find a job where we are migrating temporarily or maybe permanently.OH has got a medical condition.(that is why I have all these queries and confusions in my mind at the moment)I have informed the company about this and asked for a reduced payment as it will only be me working. We'd like to carry on paying our DMP whilst we are abroad. We have contemplated of bankruptcy before but bec we have spoke to the company,they gave us reassurance that we may reduced our payments in a more affordable way. My questions: -If for example we failed to pay DMP,will the creditors file for our bankruptcy in UK? -will non paying of debts,or even bankruptcy grounds for us being charged with a criminal offense? Please any information is greatly appreciated.Many thanks! [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.