I'm just going through my Bankruptcy Petition form - 1hr 30 mins so far!
I hope someone can help with some questions or at least point me in the right direction!
1. Section 5 - Bank accounts - So far I have only listed Banks which I had an overdraft facility(not used for over two years but being paid back through IVA) - I was advised by an Insolvency Practitioner NOT to put my Personal Account I use for my wages or any other account which I do NOT owe money to. Is this right?
2. Section 4 - Assets - It is not clear whether this means assets for a previous limited company of mine. It appears to be only for self employed business assets? Is this right? There are no assets of any saleable value left from my limited company that went bust in July/Aug.
3. Section 4 - Unsecured creditors - I have listed everything here: Credit cards, overdrafts, loans and have run out of space for three other things. Personal Guarantor on a business lease, personal guarantor on business overdraft and personal guarantor on business leased equipment. Where do I write these?
Really starting to panic that I am doing this right or not. Any help would be great if possible.
Bankruptcy Petittion form - Help!!!
Posted - 24 September 2010 : 10:18:10
