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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by helent1[/i] [br]Hi, I am considering bankruptcy as I am over £80,000 in debt, I work part-time and receive disabiltiy living allowance (mobility and care) disabled tax credit, return to work credit and £643.00 aprx per month from my p/t job, I currently pay £200.00 per month to my creiditors. My questions are: 1) I lived with my partner until 3 years ago, when we split up, I owed him £10,000 so when he 'bought me out' he kept £10,000 from my beneficial intrest and gave me £2,500, I was in debt then but no way near the amount now, I know now that he got 'preferential treatment' as he was a creditor, what I need to know is can I still go bankrupt and the official receiver not chase him for money? as I never contributed to the mortgage and the money I borowed from my partner was going to debt repayments, also the house we shared is now negative equity. I do not feel it is fair for me to go bankrupt and him have the house taken from him when the debts mine, espcially since I did not contribute to the mortgage? what is likely to happen, I have been told as it is over 2 years since the sale nothing would happen, but I have been told it is better to wait 5 years and also that the official receiver will go after any assets regardless, any advice would be great. 2) Also I have been told my benefits will be taken from me to pay into the bankruptcy, I need these for my disabilty, if this was the case could I just canx my benefits as if I cant have the money for my disabilties then I dont feel it fair for the creditors, as that money is for that purpose? please help. regards Helen [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.