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 My company is filing for liquidation

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T O P I C    R E V I E W
balancegm Posted - 09 December 2008 : 18:44:10
My company is filing for liquidation and my Wife and I are going to file for bankruptcy. She has just been made redundant and I have not been paid since October. We have a couple of ISA accounts and a long term savings account that we were going to close so that we had money in our account to be able to pay our monthly bills. Will this money be taken from us?
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JulianDonnelly Posted - 10 December 2008 : 13:27:44
Hi Balancegm and welcome to the forum.

Regrettably, ISAs will be viewed by the OR as an assets to be realised for the benefit of your creditos in bankruptcy. Why not speak to one of my colleagues on the helpline who should be able to advise you further?

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367

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