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jenniferh
Starting Member
1 Posts |
 Posted - 24 October 2008 : 13:50:51
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I currently have approx £30k+ of unsecured debt. I am just about managing to cover the monthly payments but I am finding it increasingly difficult. My gross annual income is £16,200 at the moment. I don't want to go along the route of an IVA. Do you think this is a good option for me and do you think the courts will accept my bankruptcy request? I am currently a tenent so have no assets.
Many Thanks
Jenny |
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eamonn
Junior Member
320 Posts |
Posted - 24 October 2008 : 14:00:18
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hi jenny
firstly welcome to the forum
i canot answer your question fully but i would recommend you callthe free phone number at the top of the page and talk to one of the advisers |
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Jo.
New Member
76 Posts |
Posted - 24 October 2008 : 14:03:54
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Hi Jenny and welcome
Have you spoken to anyone about your options, as firstly i would recommend a call to our helpline, where we can go over the options with you.
That would be your first step.
BR does sound an option but without know a littlemore detail it is hard to know for certain.
Please call us and we will give you some one to one advice.
Jo Nye
x
Forum Adviser on behalf of:
www.bankruptcyhelp.org.uk
Tel: 0800 078 9367
You can read my blog for other information here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
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Major Dan
Starting Member
United Kingdom
3 Posts |
Posted - 24 October 2008 : 16:09:50
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Dear Jenny
In your situation the Judge will issue you the bankruptcy order if that is what you want. He/She depending on which court you go to may not even see you to speak with, but if they do its just to be satisfied you know what you are doing and you have taken advice, and that he can see from your statement of affairs your assetts do not cover your debts.
It is extremely rare, so rare I have never known it, only heard of it, and I have overseen over two hundred bankruptcy applications the Judge may request to postpone the order to see if an IVA is more appropiate. If this ever happened you just tell the Judge you do not want an IVA that you have come to court today to have the bankruptcy order granted and that is what you want.
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Jo.
New Member
76 Posts |
Posted - 24 October 2008 : 16:11:56
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Major Dan
Please dont advertise your business on the forum unless yu have prior notification from admin or the bankrutcy forum and have been made an expert.
Thanks
Jo Nye
x
Forum Adviser on behalf of:
www.bankruptcyhelp.org.uk
Tel: 0800 078 9367
You can read my blog for other information here:
http://debtfreejo.blogs.bankruptcyhelp.org.uk/ |
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Major Dan
Starting Member
United Kingdom
3 Posts |
Posted - 26 October 2008 : 18:12:54
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Hi Jo
Sorry about that not a good start for me breaking the rules already am happy to post without the website
regards
Major Dan
www.bankruptcyservice.co.uk |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 26 October 2008 : 18:20:11
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Hi Dan
That is ok, if you wish to adveretise your business you must firstly ask via the experts page to become an expert.
Oh and this is the same Jo. ;-)
Thanks again
Jo
x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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will the courts accept my bankruptcy request?
