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T O P I C R E V I E W
Nia71
Posted - 18 November 2012 : 16:13:28 i pay towards a life insurance policy. Would that be affected if i declared bankruptcy?
2 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 19 November 2012 : 18:36:26 Hi Nia71,
Yes, it will be affected. If anything happened, the money would go to the OR. They will offer the interest they have in it back to you for £50. Also, the payment will not be an allowable expense if they assess you for a monthly payment.