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 how much will going bankrupt cost me ?

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T O P I C    R E V I E W
Darren.bk Posted - 19 March 2011 : 20:19:56
how much will going bankrupt cost me ? can you give me an example of a non dischargeable debt? i own a cheap car which my wife drives i also own a cheap motorcycle which only i have access to,, are either of these at risk of being seized??
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Niobe Posted - 19 March 2011 : 20:39:58
Hi and welcome to the forum.

Bankruptcy will cost you £600 and you need to include all of your debts although I believe that those such as CSA or court fines and student loans cannot be included.

As to what vehicles you can keep, that will be down to the OR.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx

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