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T O P I C    R E V I E W
jane_159 Posted - 06 September 2009 : 22:36:11
Hi there,

I'm just going to start the process of filing for bankruptcy as i'm a single parent and have lost my job. Aswell as my £10,000 debt i have 3 outstanding payday loans can i just ask if they can be included in the bankruptcy? I'm so worried about not being able to pay them off now.

Thank You
1   L A T E S T    R E P L I E S    (Newest First)
Reviva UK Posted - 06 September 2009 : 23:55:07
Hi
depending upon your assets, disposable income & car you may be better suited to a Debt Relief Order

Sub 15k of debt
Less than £50 per month of disposable income
Assets worth less than £300
Car worth less than £1000

the cost for this is £90 rather than £510 for bankruptcy



Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com

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