| T O P I C R E V I E W |
| Ann.46 |
Posted - 18 September 2015 : 08:05:19
Would bankruptcy clear my tax bill? |
| 6 L A T E S T R E P L I E S (Newest First) |
| Niobe |
Posted - 14 October 2015 : 09:03:40
No, the costs would be borne by the creditor which is why not many creditors do it as it costs them a lot more than £705
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
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| pcoventry2 |
Posted - 13 October 2015 : 22:55:32
I agree
I meant the £705 to the court |
| Niobe |
Posted - 10 October 2015 : 12:11:55
If you are bankrupt then you do not have the money to pay the creditors.
It would be good if the OP came back to us and let us know how she is getting on.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
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| pcoventry2 |
Posted - 10 October 2015 : 12:03:27
quote:
Originally posted by Ann.46
Would bankruptcy clear my tax bill?
http://www.nidirect.gov.uk/tax-and-other-debts-owing-to-hm-revenue-and-customs
HMRC will make you bankrupt if you don't pay them within the 21 days after they serve you.
At least it wouldn't cost you if they did. I don't think people pay if a creditor makes them bankrupt? |
| Viki.W |
Posted - 19 September 2015 : 09:49:19
Hi Ann,
If you're insolvent then bankruptcy may be an option for you and yes it can cover tax debts, but we need a bit more info re your situation.
Please feel free to post on here or chat to an expert for some advice.
Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp |
| Niobe |
Posted - 18 September 2015 : 08:25:15
Hi and welcome,
How much is the bill for?
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
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