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T O P I C R E V I E W
jason.x
Posted - 08 July 2010 : 16:58:38 if declared bankrupt can debting companies still take any possesions thank you
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Bridgewood
Posted - 08 July 2010 : 17:11:26 Hi Jason
Once you are declared bankrupt your creditors have to pursue their claims through the Official Receiver and are not allowed to take action against you personally
There are a few exceptions - CSA, Court fines etc - but the only creditors who can take anything from you are those who have security over an asset - such as an HP company on a car if you don't keep up the payments, or a mortgage company over your house.
Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.
