i allready have a current payment plan of £10 pounds a month on a £8000 debt, this was issued by a debt collection agency as i am on a low income and is reviewed every 3 months. i am wanting to decalare myself bankrupt as i don't want to be always living in debt. if the court decide that i am not eligible for Bankruptcy will i lose the court fee of £425?
I suggest you wait for the Debt Relief Order system to be introduced which is hopefully going through parliament at the moment. This will enable you to get discharged from your debts, under a system very similar to bankruptcy, but will not involve paying a fee. Certainly worth the wait in your case.
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
don't want to be always living in debt
Posted - 09 April 2008 : 22:33:59
