| Author |
 Topic  |
|
|
indebts
Junior Member
United Kingdom
176 Posts |
 Posted - 06 April 2008 : 17:25:10
|
| hello,I am going bankrupt and my ip is saying that i need to pay up front 2000 for their fees and 1500 in court fees, i cannot afford this , is there an easier way to deal with this? thanks |
|
|
Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 06 April 2008 : 20:03:16
|
Hi Indebts and welcome to the forum. Are you already in an IVA? Is this a personal or company bankruptcy?
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of. |
 |
|
|
Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 06 April 2008 : 20:05:00
|
Hi Indebts,
If you are declaring Bankruptcy the fee is £495 for the court and that’s it, unless you are using a assisted bankruptcy specialist then they would charge a fee on top of this, but this would not stop you declaring your own bankruptcy for £495.
Who is the firm that have quoted you the above?
Kind Regards,
Brett England
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
View my personal story & blogs at:
http://brettengland.blogs.bankruptcyhelp.org.uk/ |
|
|
|
indebts
Junior Member
United Kingdom
176 Posts |
Posted - 06 April 2008 : 20:20:00
|
| Hello Brett many thanks for your quick response. I will not name the company yet as they are local to me. I will ask them tomorrow what these fees are for, they have spoke about going into an iva could this be what the extra costs are for? thanks again |
|
|
|
indebts
Junior Member
United Kingdom
176 Posts |
Posted - 06 April 2008 : 20:22:38
|
| Hello Skippy thx for the prompt reply. This is a personal bankruptcy I might be going into an iva but i am not sure. Could a specialist charge as much as this? |
|
|
|
melanie_giles
Senior Member
1191 Posts |
Posted - 06 April 2008 : 20:23:34
|
IPs will generally not charge for work carried out with bankruptcy assistance, so the fees you have been quoted are more likely to be relating to an IVA - but do be sure that you get all of the options explained to you so that you can make a reasoned choice.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
|
|
|
indebts
Junior Member
United Kingdom
176 Posts |
Posted - 06 April 2008 : 20:37:54
|
| Hello Melanie, thx too for your help. I will contact them tomorrow for the prices on this again. How much can does an Iva cost or is it variable? |
|
|
|
Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 06 April 2008 : 20:42:55
|
Hi Indebts,
They can vary some will charge you an upfront fee where as others will draw their fee from contributions made.
May I make a suggestion that you talk to more than one company as you can then compare.
Have a chat with Melanie she will be able to give you an idea of her charges to compare this to.
It is always better to shop around as with anything else then you know you have found the best deal.
I hope this helps.
Kind Regards,
Brett England
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
View my personal story & blogs at:
http://brettengland.blogs.bankruptcyhelp.org.uk/ |
|
|
|
indebts
Junior Member
United Kingdom
176 Posts |
Posted - 06 April 2008 : 20:58:46
|
| thanks Brett will email her now. cheers |
|
|
|
JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 07 April 2008 : 08:58:37
|
Hi Indebts,
I will second what Brett has said, It is always best to speak with more than one company so you can compare not only price, but what your being told.
All the best
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
|
|
|
indebts
Junior Member
United Kingdom
176 Posts |
Posted - 10 April 2008 : 18:32:52
|
| Thanks again, this site has been very helpful! |
|
|
| |
Topic |
|
IP FEES CAN ANYONE HELP?
