We are being taken to bankruptcy court for £1000. After we received the papers we phoned the company but they would only accept payment in full even though the letter said we could make a payment arrangement.we brought the debt to below 750,but they are still going ahead with the order.we have asked for proof that the debt is ours but 3 months later have received nothing.can they still proceed even though the debt is below 750.
Hi Chris, the level at which a bankruptcy petition can be presented is £750, so if you have proof that the payment was made and reduced the amount owing to less than £750, then they couldn't.
Big Al Insolvency examiner with the Insolvency service from April 2008 - July 2010.
If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"