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 procedures to declare bankrucy ?
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jeanc3
Starting Member



1 Posts

Posted - 26 November 2008 :  14:42:21  Show Profile  Visit jeanc3's Homepage  Reply with Quote
Hi,

I would like to be informed on the procedures to declare bankrucy.

I am French and live in France but have an account with an English Bank.

I have lost my job 2 months ago and cannot credit this account (in overdraft for £400). Moreover, my credit card is also showing a debit of £950.

Please let me know I could declare bankructpy as I am now in a terrible situation.

Thank you in advance

John
New Member



United Kingdom
73 Posts

Posted - 26 November 2008 :  16:54:39  Show Profile  Reply with Quote
Hi

if your debts in the UK amount to £1350 I would not recommend bankruptcy as a solution.
try a DMP.

www.Bankruptcyhelp.org.uk
0800 078 9367
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movin on
Average Member

United Kingdom
946 Posts

Posted - 26 November 2008 :  19:39:46  Show Profile  Reply with Quote
Hi there Jean

I second what John has said. You are much better off trying a DMP.

Good Luck

Jenny

Onwards and Upwards is the way im going :-0)

xx
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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 26 November 2008 :  20:31:41  Show Profile  Reply with Quote
Me too, seems a shame to declare for such a small amount.

Is there nothing else you can consider like a DMP or an IVA.

I do hope that you get it sorted out.

Best of luck

Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 26 November 2008 :  23:10:14  Show Profile  Reply with Quote
Hi

the other folk are correct in that you shouldn't go Br for £1350.

Additionally as you live in an EU country you cannot petition for Br in the UK. Insolvenmcy proceedings would need to be done in France.

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK

For a Free Impartial Review before taking the leap call me @ Reviva UK
www.revivauk.com
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