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
 Forum Questions
 I was already in about £12K debt from a bank loan,

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 [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
Stressed Susan Posted - 08 April 2010 : 18:40:20
I was already in about £12K debt from a bank loan, credit cards & an overdraft when I was made redundant. There doesn't seem to be any work around for me & having signed on for Jobseekers, I have looked at my options & the only way out for me is to become Bankrupt now. So with a big breath I am getting organised.

I tried to telephone my local court (Bow) but they are constantly engaged. So the plan is now to go to the court in person & try to make an appointment to petition for Bankcrupcy. I do wonder how people manage to pay the court fees when they are on jobseekers. Any advice on this would be gratefully received.
7   L A T E S T    R E P L I E S    (Newest First)
Stressed Susan Posted - 15 April 2010 : 10:41:16
quote:
Originally posted by Bridgewood

Hi Susan

Sorry to hear of your problems.

Just one point though - if I read your original post correctly and Bow County Court is your local Court, I think you will have to file your bankruptcy petition in the High Court so you would be better calling them first - 020 7947 6441 / 6839 / 6078 - although they are often engaged too!

Good Luck





Whoops, my finger slipped..........

You're correct. Although Bow is my nearest, CAB have suggested that I go to the court at the Strand. So that's the plan.

Thanks for your suggestion.

Regards

Susan R Edmonds
Stressed Susan Posted - 15 April 2010 : 10:39:32
quote:
Originally posted by Bridgewood

Hi Susan

Sorry to hear of your problems.

Just one point though - if I read your original post correctly and Bow County Court is your local Court, I think you will have to file your bankruptcy petition in the High Court so you would be better calling them first - 020 7947 6441 / 6839 / 6078 - although they are often engaged too!

Good Luck





Susan R Edmonds
Bridgewood Posted - 15 April 2010 : 10:29:20
Hi Susan

Sorry to hear of your problems.

Just one point though - if I read your original post correctly and Bow County Court is your local Court, I think you will have to file your bankruptcy petition in the High Court so you would be better calling them first - 020 7947 6441 / 6839 / 6078 - although they are often engaged too!

Good Luck

Stressed Susan Posted - 15 April 2010 : 09:36:11
quote:
Originally posted by gettingoutofdebt

If you are on jobseekers then you can get a £150 reduction on the BR fees although this still means you need to find £400.

Most people stop paying their creditors but chances are you aren't paying them any way. I would definitely speak to the CAB about your situation. They may know of other ways to assist with the BR fees or you may be eligible for a DRO, which (I think) is only a £90 fee.



To complicate matters I have just been signed off sick by my doctor. So I'm no longer on Jobseekers. Although I have completed the application for sick Benefit, it isn't confirmed on paper yet. I have been told that it can take up to six weeks to process. So I can't use that as a reason for reduction in BR fees, as you have to provide proof. I'm a bit on limbo really.

Thanks for your reply to my question.

Susan R Edmonds
Stressed Susan Posted - 15 April 2010 : 09:32:11
quote:
Originally posted by debtinfo

Hi have you taken any advice from the debt charities (CAB, CCCS, National Debtline) as if you have little or no assets and low income you may qualify for a DRO instad which is much cheaper



Yes, I went to CAB & discussed a DRO. Although it is considerably cheaper to do one, when I start work again it would mean that I would be back to square one having to pay creditors. So BR is the best option for me. Thanks for your input. Much appreciated.

Susan R Edmonds
gettingoutofdebt Posted - 09 April 2010 : 10:14:36
If you are on jobseekers then you can get a £150 reduction on the BR fees although this still means you need to find £400.

Most people stop paying their creditors but chances are you aren't paying them any way. I would definitely speak to the CAB about your situation. They may know of other ways to assist with the BR fees or you may be eligible for a DRO, which (I think) is only a £90 fee.
debtinfo Posted - 08 April 2010 : 19:16:44
Hi have you taken any advice from the debt charities (CAB, CCCS, National Debtline) as if you have little or no assets and low income you may qualify for a DRO instad which is much cheaper

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