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 bankruptcy postbag for january
 please help me out with this problem
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Junior Member

170 Posts

Posted - 12 January 2008 :  22:48:55  Show Profile  Reply with Quote
i live on rented property. i have nothing in my assets. my age is of 30. i work in morrisons and i get around 700 pounds per month from there but i am really struggling with my payments i am not able to save good money even to buy clothes and stuff as well. if go bankrupt what would happen. do i have to pay any thing when i will be declared bankrupt please help me out with this problem

Junior Member

United Kingdom
174 Posts

Posted - 13 January 2008 :  13:16:44  Show Profile  Reply with Quote
i haven"t repaid anything yet, i still earn the same wages and i have been put on to a nil tax code,i have been imformed that i will pay the tax money to the receiver at year end. take some advice that"s what i did best move i made,no more fone calls & i actually sleep on a nite now,best move i"ve ever made. just take advice 1st, CAB r excellent
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Johnny Debt
Junior Member

United Kingdom
265 Posts

Posted - 14 January 2008 :  13:18:20  Show Profile  Reply with Quote
It would very much depend on how much disposable income you have left at the end of the month, as to whether or not you will have to pay anything.

Do you have a car, if so what value is the car?
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