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 HI I HAVE DEBTS THAT I HAVENT PAYED IN A LONG TIME
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claire-b
Starting Member



1 Posts

Posted - 23 January 2009 :  09:05:20  Show Profile  Visit claire-b's Homepage  Reply with Quote
HI I HAVE DEBTS THAT I HAVENT PAYED IN A LONG TIME AT LEAST A COUPLE OF YEARS AS I MARRIED AND CHANGED MY NAME, AND MOVED ADDRESS.I AM FED UP OF WORRYING WHEN THEY WILL CATCH UP WITH ME AND WHO IS KNOCKING THE DOOR SO HAVE DECIDED TO GO BANKRUPT I HAVE A COUPLE OF QUESTIONS FIRST WE HAD A SHORTFALL IN OUR MORTGAGE OF 43K WILL BANKRUPCY CLEAR THIS AND I HAVE A BANK ACCOUNT AND PO ACCOUNT THAT BENIFITS ARE PAYED INTO SUCH AS DLA IS CB ETC HOW ARE THESE LIKELY TO BE PAYED IN THE FUTURE DO I NEED TO INFORM THEM AND WOULD THERE BE ANY DELAYS IN PAYMENT AS I HAVE TWO YOUNG CHILDREN ONE WITH A TERMINAL ILLNESS. THANKS

Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 23 January 2009 :  09:13:27  Show Profile  Reply with Quote
Hi Claire

Welcome

Yes the shortfall should be included in your bankruptcy. If it was joint then the other party would still be liable unless they went BR too.

The account which is a po account should be ok as its just to have benefits paid into.

Take care and keep posting


Jo
x


25 Weeks down
Yippeee!


27 to go

Im getting there!

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JulianDonnelly
Junior Member



United Kingdom
325 Posts

Posted - 23 January 2009 :  12:39:30  Show Profile  Visit JulianDonnelly's Homepage  Reply with Quote
Hi Claire-b and welcome to the forum.

When you go BR, it is likely your accounts will be frozen so you will need to open new ones to receive your benefit payments.

Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367
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