Hi there, after missing my main creditor 3 payments, i am now becoming worried as to how long i have left to get my papers to the court!
I have never missed any payments, until i was advised by CCCS that bankruptcy was the answer to my debt problem. (and only to make token payments)
My first missed payment was in May, so i am in my fourth month now.. I obtained a social fund loan which i was initially putting to my BR...but! i ended up buying a second hand washer and dryer, as mine stopped working, and started leaking!
So i basically i have to find the money out of my benifits, how much longer do i have to find the money? IDEALLY!
I dont want the OR thinking i dragged my feet
Edited by - demmidot04 on 07 September 2008 22:51:52
It depends on your creditors. It won't be too long before they either commence recovery action or sell the debt on to a debt collection agency. I would sugegst maybe another 2 months maximum (although you'll still get hassle with phone calls etc in the meantime).
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
Time limit....advice please
Posted - 07 September 2008 : 22:50:23
