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 Bankrupt in July redundancy money September ?
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joelizzie
Starting Member



United Kingdom
7 Posts

Posted - 29 May 2011 :  14:08:34  Show Profile  Reply with Quote
Hello, we are due to go bankrupt in July, and in sep i am due to get my redunancy money of two thousand pounds, i am with a company helping to go bankrupt and they have told me that if i get my redunancy money paid into another account with some one eles name, i would be able to keep it. is this true, i know its not a lot of money but if i dont get another job, i will need this to live on, be help

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 29 May 2011 :  14:12:27  Show Profile  Reply with Quote
What terrible advice!

Have you thought about putting the bankruptcy off until your redundancy has come through, then you can use some of it for your bankruptcy fees, ease the pressure a little.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 29 May 2011 :  14:30:08  Show Profile  Reply with Quote
I agree with Viki, that's appalling advice! I would suggest taking advice about your situation from one of the experts who posts on here.

Good luck x

View my blog at http://skippy13.blogs.iva.co.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 28th June 2010 - it's over at last!
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 29 May 2011 :  15:10:24  Show Profile  Reply with Quote
That is dreadful advice! Which company has told you that you can do this?

The world is broken, halos fail to glisten
We try to make a difference but no one wants to listen
Hail the preachers, fake and proud
Their doctrines will be cloud
Then they'll dissipate like snowflakes in an ocean

Jan
xxx
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