| T O P I C R E V I E W |
| lol |
Posted - 16 February 2009 : 21:56:09
Hi im a student nurse and my husband and i were made bankrupt late last year. We have just found out that my husband will be made redundant next month from a firm he's work at for twenty years. We been told he will lose it all to the OR. Do you have any info regarding this |
| 5 L A T E S T R E P L I E S (Newest First) |
| lol |
Posted - 17 February 2009 : 10:06:11
Thanks for the advice
Still in shock but trying to keep positive for the future |
| Reviva UK |
Posted - 16 February 2009 : 23:08:27
So the positive news that because you are renting you are actually more able to receive assistance from the council etc than if you owned a property.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com
Real People ..... Real Debt Solutions
www.revivauk.com |
| lol |
Posted - 16 February 2009 : 23:03:47
Hi Unfortanately they took the house because we had no other equity
Thanks for the reply |
| lol |
Posted - 16 February 2009 : 23:02:43
quote:
Originally posted by lol
Hi im a student nurse and my husband and i were made bankrupt late last year. We have just found out that my husband will be made redundant next month from a firm he's work at for twenty years. We been told he will lose it all to the OR. Do you have any info regarding this
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| Reviva UK |
Posted - 16 February 2009 : 22:01:21
Hi
really sorry to hear about the difficulties.
You are right in thinking that the official receiver will class the redundancy money as a windfall and therefore make a claim against it.
Perhaps a conversation with the OR is in order and they may allow you to retain some of the funds until either benefits or another job comes into play.
What you must not do is to keep the money and not tell the OR, that would give you some serious problems.
Do you own your house or is it mortgaged?
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com
Real People ..... Real Debt Solutions
www.revivauk.com |
