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 bankruptcy postbag for june
 can I take money from a credit card to pay for BR?
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liz.b
Junior Member

171 Posts

Posted - 05 June 2008 :  17:26:05  Show Profile  Reply with Quote
if i take the money to pay to declare myself bankrupt from a credit card will this get me into trouble

m and v
Average Member



United Kingdom
760 Posts

Posted - 05 June 2008 :  20:36:28  Show Profile  Reply with Quote
Hi Liz B - Welcome to the forum.
I imagine there are lots of people who have withdrawn cash on a credit card to live on in the run up to BR.
I wouldn't specifically draw out £495 as I think the OR might not like it.
See what the other experts advise - I have recently gone BR and saved the money up over three months - they may suggest you save it up over a period of time rather than make one withdrawl.
A BR assist expert wil be online soon.


Vicki x
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broke100
Junior Member



173 Posts

Posted - 05 June 2008 :  20:44:07  Show Profile  Reply with Quote
I withdrew about half of the court fees on my credit card a week before going to court and the OR did not even mention it at the interview.
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 06 June 2008 :  10:18:34  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Liz and welcome to the forum.

It's a tough one to call. Suffice it to say, it is usual for everyone to exhaust all lines of available credit prior to going BR. Therefore, if you make a few withdrawals, I'm sure you'll be fine.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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liz.b
Junior Member

171 Posts

Posted - 07 June 2008 :  09:32:19  Show Profile  Reply with Quote
quote:
Originally posted by liz.b

if i take the money to pay to declare myself bankrupt from a credit card will this get me into trouble


Hi again. Thanks everyone who gave me advice. I've posted another question and hoping i get a reply.
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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 07 June 2008 :  16:01:18  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Liz,

Glad we could help.

Regards

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
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