HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 archive
 bankruptcy postbag for july
 IS THIS POSSIBLE
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

RCV
Starting Member

1 Posts

Posted - 02 May 2009 :  10:25:14  Show Profile  Reply with Quote
Hi, I am new and green. Is it possible for someone else to declare you bankrupt? I have separate debts of £9000 and £2500 owed to different creditors. The £9000 one has just arranged for me to be taken to court. I have a flat which probably has no equity in it, although I am not sure of that (it is worth around 300000k). Please could someone advise. Thank you in anticipation.

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 02 May 2009 :  11:13:21  Show Profile  Reply with Quote
Hi,

Yes, anyone you owe money to (as long as it is over £750) can apply to make you bankrupt.



The glimmer gets brighter all the time

Jan
xx
Go to Top of Page

beau
Starting Member

32 Posts

Posted - 02 May 2009 :  20:11:16  Show Profile  Reply with Quote
in my experiance i think that for that amount of debt and no equity its more than likely that your criditers would add a charging order rather than take you bankrupt... hope this helps
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06