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 what happens if i have no funds to pay court costs
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wilfsewell1
Starting Member



1 Posts

Posted - 16 January 2009 :  08:15:24  Show Profile  Visit wilfsewell1's Homepage  Reply with Quote
what happens if i have no funds to pay court costs

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 16 January 2009 :  09:08:56  Show Profile  Reply with Quote
Hi Wilf & Welcome

If you dont have the funds then you would not be able to petition for the bankruptcy. If your on a low income or certain benefits you can apply to get the fee reduced by £150 but that would mean you still have to find the £345. If you stop paying your creditors then you could save up.

If you wait for a creditor to make you bankrupt you can wait a vry long time and in the mean time then can ger orders for bsiliffs etc.

Can a family member not help you out thats another option.


Sorry i cant help anymore


Jo
x


Needafriend says:

Just always remember one thing, Your not alone, your not the first and you wont be the last.



23 Weeks down


29 to go




For more info on how i have come through bankruptcy and for links to help with filling out the forms, I&E, Car Valuations, etc, etc, you can read my blog here called:~ Needafriend's Info on Bankruptcy :-)


http://debtfreejo.blogs.bankruptcyhelp.org.uk/
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HELP BR
Starting Member

34 Posts

Posted - 16 January 2009 :  11:13:05  Show Profile  Reply with Quote
Hi
I missed my loan payments so that i could pay my court costs. Its awful having the stress of this x
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