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T O P I C R E V I E W
donna.ps
Posted - 05 November 2009 : 11:06:43 if you declair bankruptcy what does this affect? i.e my home im a tennant
2 L A T E S T R E P L I E S (Newest First)
In 2 Deep
Posted - 05 November 2009 : 11:17:16 Donna,
Welcome to the forum. It really depends on your situation, and I would advise that you seek expert help from the likes of Melanie and Paul who post on this site. You do not own your home, so you will be ok in that respect. Do you own a car? If its more than 2K the OR will look at selling the vehicle to realise equity in the vehicle for your creditors Have you savings? If so these will be seized by the OR. Are you employed? If your DI is £99 + then you may well be subject to an IPA. All these questions need to be looked at, and then the impact of BR will be more transparent.
Gd luck.
quote:Originally posted by donna.ps
if you declair bankruptcy what does this affect? i.e my home im a tennant
Treat EVERY Penny as a prisoner.
Housing
Posted - 05 November 2009 : 11:16:03 Hi Donna
Welcome - some tenancy agreements have a clause expressly referring to bankruptcy (BR) - - are you a council tenant or a housing association or a private tenant - i.e. an assured shorthold?
My area of knowledge is housing and the law surrounding matters - I am sure an expert will make a comment more meaningful than I am able to about BR in general - I would not want to miss anything out.
Good luck - if you have questions about your housing, I will be able to make some helpful coments. Richard
