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T O P I C R E V I E W
Rob.85
Posted - 23 February 2011 : 00:52:29 I'm thinking about going bankrupt but not sure if i will be accepted as i only owe £4,500.00 on a small bank loan and 2 small credit cards is there a possibility that i could apply and pay the £600 and be turned down and lose a further £600 ?
2 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 23 February 2011 : 08:51:00 Hi and welcome.
I agree with Viki that a DRO is a possibility. Do you own your own and do you have less than £50 disposable income once your bills have been paid?
If you don't fit that criteria then a debt management plan may be a better option than bankruptcy.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan xx
Viki.W
Posted - 23 February 2011 : 07:08:50 Hi Rob, welcome to the forum.
Have you spoken to someone for advice? Do you qualify for a Debt Relief Order?
I advise you contact one of the experts on here for help as bankruptcy may not be your only option.
