Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 09 February 2009 : 00:07:03
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Hi
and welcome to the forum
What action have the company taken to date regarding Br?
It is quite common for creditors to suggest Br in the chasing letters, as well as charging orders, attachment of earnings, damaged credit files etc etc etc.
It is far less common for a creditor to actually petition for Br. This is because it can cost them up to £2000 and there is no guarantee that they will get any return.
In order to make you Br they will need to serve you with a Statutory Demand. This allows you 18 days to dispute the debt / defend the petition. After 21 days they are able to petition for your Br at court.
I would recommend you either phone the helpline ( number above) or one of the site experts who can then spend some time with you on the phone ( free of charge) so that you fully understand your position.
It will effect your wife's credit history unless you file a notice of disassociation with the 3 credit reference agencies.
Paul Johns Assisted Bankruptcy Specialists Reviva UK 08454 751 851
Real People ..... Real Debt Solutions www.revivauk.com |
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