sorry, I think I posted this in the wrong section before. Sorry I dont know how to delete it from the section marked bailiffs.
this is my first posting so please be gentle with me. i'm sure many of my questions will have been asked before but i trawl through and seem to get partial answers so i'm biting the bullet and hoping some kind soul will answer all.
i am a small business owner. i am behind on my rent and my business is failing. today will be my last day. i will clear out my things from the office i rent and tell the landlord on monday thati cannot make the payments. my lease goes on till 2019 but has a break clause in july 2012. i think the landlord will charge me up to 2012 but obviously dont know that yet. as it stands i owe £1500 in arrears. I am hoping they will deduct this from the deposit i paid them of £2375 and let me walk away unscathed but this is very unlikely so questions 1. when should i file for bankruptcy? should i wait till they come back with a final figure on what they are going to try and take me for?
2. i rent my home, i'm maxed out on credit card and overdrawn at the bank. the only income into the household is my husbands wages. my asset is my car. it is a nissan figaro. at the moment it doesnt run so it may be worth £800-£1000. would I be made to sell it? if I spend £1000 getting it fixed the value would increase to about £5000 but I could argue that I need it to find work or to continue my therapist practice as a mobile practitioner. WHAT IS THE BEST THING TO DO?????
3. what procedure does the landlord need to follow? does he have to send me a bill first? can he go staight to the bailiffs? does he issue a ccj straight away? should i file for bankruptcy to pre-empt all this? can i even do that if i dont have the final figure?
4. i have a therapy chair and steriliser for my work. can i sell them to pay for the court fees? does it matter who i sell them to? can it be a family member?
5. does the court look into where money came from in your bank account. If they see an entry for £1000 paid in by cheque, do they find out who the cheque was written by?
I think i've got so mny more questions but this will do for now
i'm very worried. i spoke to one helpline place and they put me in touch with this chap who wants to charge me £600. I'm so tempted because i just want the worry to go away but i don't know if this is the right thing to do
new member - help please
Topic Locked
Posted - 04 March 2011 : 14:30:28
