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Pauldpn80
Starting Member
3 Posts |
 Posted - 26 October 2012 : 19:16:54
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Hi according to this site information, it says £700 is the price for Court Fee's to Declare Bankruptcy, here is my question......
How much would i have to pay, if only receiving Job Seekers Allowance £124 per fortnight at the moment to the Court? |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 26 October 2012 : 19:44:37
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Hi Pauldpn80,
If it's income based JSA, then the fee will be £525.
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 |
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Pauldpn80
Starting Member
3 Posts |
Posted - 27 October 2012 : 15:03:12
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Thank you for your answer, would i be able to pay by instalments, and over how long would the payment period be for?
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 27 October 2012 : 16:01:10
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The fee for bankruptcy would have to be paid to the court when you petition.
Once you are declared BR then you will have an interview with the Official Receiver and they will go through your I&E with you. It maybe that you don't have to pay anything if you have no disposable income. |
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Viki.W
forum expert
United Kingdom
2211 Posts |
Posted - 27 October 2012 : 16:19:52
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Hi Paul, do you mean for the court fee? As Niobe has said, you can't pay in installments, you have to pay the full fee to the court on the day you go to court. You won't get an income payment agreement if you are on JSA but will have your income and expenditure assessed if you start working during the year you are bankrupt.
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 |
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Pauldpn80
Starting Member
3 Posts |
Posted - 28 October 2012 : 15:28:25
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Thank you for the advice guys
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I am only receiving job seekers allowance. How much would I have to pay for Court fees ?
