I live at home and have got myself into a situatin where i have to declare my slef bakrupt. Will my parents assest and house be excempt from any fall out from my bankrupcy.
Your parents assets will be sage from your bankruptcy, but their address will be publicly confirmed as your address on your application and the subsequent newspaper advertisement.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com
Thank you for rapid response. So my parents assets will be safe but there address will be linked to me. Is there a way for them to avoid this? Once the address is given as my address will that cause problems for my parents to receive credit etc.?
This can be easily rectified by filing a Notice of Disassociation with the credit reference agencies (see their websites for further information on how this is done).
any fall out from my bankrupcy?
Posted - 30 June 2008 : 00:36:10
