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 i am waiting to go bankrupt (when i can get £495

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T O P I C    R E V I E W
J.S Posted - 16 February 2009 : 09:55:24
i am waiting to go bankrupt (when i can get £495 together) what should i do with my creditors in the mean time - advise of my intentions or just ignore them
6   L A T E S T    R E P L I E S    (Newest First)
Melanie.n Posted - 16 February 2009 : 15:23:39
Hi Jim_h have a look at a topic i put on forum over weekend covering new DRO

Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
jim_h Posted - 16 February 2009 : 15:11:17
i am also saving up to go bankrupt but finding it difficult as am on a four day week remember there is an alternative to bankruptcy coming in in april called debt relief order which i am led to believe will be about 100pounds but is only up to debts of £15000 and desposible income of £50
kolobok Posted - 16 February 2009 : 13:34:09
Hi J.S. I'm not an expert but the same happened here. When I told the creditors they were very understanding and said they would stop calls for a few days. When they called again they confirmed the details and held the calls again. Good Luck
givemestrength Posted - 16 February 2009 : 13:25:54
hi, same here, ive started telling our creditors we are going BR and so far(touch wood) they have been very good and just said please let us know when you are. Im still a little bit worried they will do something in the meantime, got till feb 27th.
Mr.E.Guest Posted - 16 February 2009 : 12:33:18
Hi JS,

we have not gone BR yet but we found that just metioning BR completeley changed any creditors attitude from "pay us now" to "let us know you OR details when you go BR"

Hope this helps

Tim



What doesn't kill you makes you stronger (I hope ;-)
Suzanne Posted - 16 February 2009 : 10:18:26
Hi JS

That is up to you. If they call you, you could let them know of your intentions, but it is not necessary for you to call them especially to tell them.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk

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