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T O P I C R E V I E W
snowman57
Posted - 07 June 2009 : 21:45:49 I am considering taking bankruptcy. I have asked my creditors to allow me to pay "half" of the amounts due/owing as I could'nt afford the full monthly amounts. if I take the bankruptcy do I quote the full amounts owing to them or the half the amounts which I am presently paying? which they the creditors believe is a temporary measure. Or should I quote the full amounts which I agreed and signed for when I fill in the Br forms?
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Niobe
Posted - 07 June 2009 : 22:11:51 Hi,
You will need to put down the full amounts of your debts if you declare bankruptcy as you are liable for the whole amount regardless of any agreement you have reached with any creditor.