my sister is in a lot of dept with credit cards as she has become unemployed this past year and only recieves £150 a month from the benefit office she is in debt off £3000 and is not a home owner nor dose she own a car would she be better off claiming bankruptcy
If her debt is £3,000 and therefore under the £15k threshold for a Debt Relief Order which will come into effect from 6th April - she would be far better off making an appointmnt with her local Citizens Advice Bureau to apply for a Debt Relief Order as opposed to filing for bankruptcy. The fee for this will be £90 as opposed to £495 for filing her petition in Bankruptcy
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles
my sister is in a lot of dept with credit cards
Posted - 17 February 2009 : 17:58:11
