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 bankruptcy postbag for may
 should I be expecting a hammer blow soon?
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a2p
Junior Member

170 Posts

Posted - 29 May 2008 :  10:09:23  Show Profile  Reply with Quote
I had a business failure which brought down another business I had; I am now employed. Right now in the background I have £150,000 bank borrowings with PGs. What will the banks do? they are very silent at the moment;should I be expecting a hammer blow soon? or will they write it off or must I go bankrupt?

JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 29 May 2008 :  10:21:49  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi a2p and welcome to the forum.

Rest assured that the banks will come after you sooner or later for your PGs. However, a lot more information would be required before I can confirm whether BR is the right option for you. Try calling the helpline who would be happy to discuss your situation.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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