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T O P I C R E V I E W
chesterfieldmatt
Posted - 07 June 2010 : 13:39:18 Hello all,
I'm currently filling in the forms for my Bankruptcy and have come across a little "issue" when listing all my creditors. I order goods from a catalogue through a friend, how would I declare this on my forms as I have no account number etc. Also I have informed my friend of my bankruptcy and they want to know what they have to do about it? Is it just a case of ringing them and letting them know?
Thank you in advance for your help.
3 L A T E S T R E P L I E S (Newest First)
RHB
Posted - 08 June 2010 : 15:19:41 But if the debt is documented your friend could be a creditor in bankruptcy.
Bridgewood
Posted - 08 June 2010 : 10:32:25 Hi Chesterfieldmatt
Richard P is correct, the catalogue debt is owed by your friend, not by you. Your debt is to your friend. The catalogue company will be able to puruse your friend for the balance owed.
Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.
Posted - 07 June 2010 : 14:09:40 Hi CM welcome to the forum
sorry to be blunt on this, the debt with the catalogue firms i doubt is proovable and unlikely to be able to be included in your bankruptcy. Your friend will be liable for the debt..
have you taken advice from an expert to make certain that you have got all of your actions and plans in order ?
the best option is to plan and organise everything before going bankrupt not after submitting the paperwork to court
