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jud
Starting Member
5 Posts |
 Posted - 25 October 2008 : 14:43:07
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| I work full-time now, but was self-employed and I owed someone I employed some money which I couldnt afford to pay at the time, so it went to industrial tribunal and this sum has now grown to over £8,000, can I go bankrupt and include this money in the bankruptcy or is it a business debt and cant be included. thanks |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 25 October 2008 : 15:55:35
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Hi Jud and welcome to the forum.
Firstly, we'd need to clarify whether this £8k award is actually classified as a court fine. If it is, then it's excluded from BR (if not, then it can be included and written off).
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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jud
Starting Member
5 Posts |
Posted - 05 November 2008 : 22:06:43
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I am not really sure if its court fines or not, but this is what it says:
judgement debt: £7303.77
judgement costs: £35.00
execution costs: £50.00
interest: £164.06
sheriff's fees: £911.66
VAT: £159.55
can any or all of this be included in BR
I am hoping for an answer tonight as I want to go to court tomorrow
thanks |
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 06 November 2008 : 08:10:00
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Hi Jud
I would give the helpline a call its free and then you can explain this to the advisers on there it would then give you a better picture.
That number is free and its 0800 078 9367, just leave a message and your name and someone will get back to you.
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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can business debt be included ?
