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 procedures to declare bankrucy ?

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T O P I C    R E V I E W
jeanc3 Posted - 26 November 2008 : 14:42:21
Hi,

I would like to be informed on the procedures to declare bankrucy.

I am French and live in France but have an account with an English Bank.

I have lost my job 2 months ago and cannot credit this account (in overdraft for £400). Moreover, my credit card is also showing a debit of £950.

Please let me know I could declare bankructpy as I am now in a terrible situation.

Thank you in advance
4   L A T E S T    R E P L I E S    (Newest First)
Reviva UK Posted - 26 November 2008 : 23:10:14
Hi

the other folk are correct in that you shouldn't go Br for £1350.

Additionally as you live in an EU country you cannot petition for Br in the UK. Insolvenmcy proceedings would need to be done in France.

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK

For a Free Impartial Review before taking the leap call me @ Reviva UK
www.revivauk.com
Needafriend Posted - 26 November 2008 : 20:31:41
Me too, seems a shame to declare for such a small amount.

Is there nothing else you can consider like a DMP or an IVA.

I do hope that you get it sorted out.

Best of luck

Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
movin on Posted - 26 November 2008 : 19:39:46
Hi there Jean

I second what John has said. You are much better off trying a DMP.

Good Luck

Jenny

Onwards and Upwards is the way im going :-0)

xx
John Posted - 26 November 2008 : 16:54:39
Hi

if your debts in the UK amount to £1350 I would not recommend bankruptcy as a solution.
try a DMP.

www.Bankruptcyhelp.org.uk
0800 078 9367

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