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pauline.p
Junior Member
170 Posts |
 Posted - 29 April 2008 : 21:36:25
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hi ive had an iva for 18 months i was in debt for about 35 thousand pounds i dont own a house or any thing valuable could i still go bankrupt
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clma1975
Junior Member
180 Posts |
Posted - 29 April 2008 : 23:03:51
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hi pauline,
You can go bankrupt for any amount over £750 to any one creditor, and having no assets does not matter. i too only have a car, nothing fancy! and i am saving up the fee for bankruptcy.
hope that helps, no doubt an expert will confirm above very soon.
take care good luck |
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Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 30 April 2008 : 09:35:53
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Hi Pauline,
How much are your monthly payment into your IVA?
Is there a particular reason you are looking at Bankruptcy now?
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/ |
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melanie_giles
Senior Member
1191 Posts |
Posted - 30 April 2008 : 09:46:29
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A bankruptcy order may only be granted if you can show that you are struggling to pay your IVA or are actually in arrears? Is this the case or have you just got fed up of living to a budget which is too harsh?
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 |
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darling
Junior Member
USA
170 Posts |
Posted - 03 June 2008 : 02:26:53
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Many bank nowadays experiencing a bankruptcy which means they are struggling of paying there arrears. If the bank could not really pay for it,the liquidation process would be happen. But one way to solve this problem is borrow money or ask advise to the Bangko Sentral. Or collaboration with another bank to start again. Yes! you can start again for a new bank but try to settle your account so there will be no problem.
________
vanessa
Don't be a victim. Stop credit card debt now. We can help.
http://www.stop-credit-card-debt.com
vanessa |
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debtfreesusie67
Junior Member
256 Posts |
Posted - 03 June 2008 : 09:49:10
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quote:
Originally posted by darling
Many bank nowadays experiencing a bankruptcy which means they are struggling of paying there arrears. If the bank could not really pay for it,the liquidation process would be happen. But one way to solve this problem is borrow money or ask advise to the Bangko Sentral. Or collaboration with another bank to start again. Yes! you can start again for a new bank but try to settle your account so there will be no problem.
________
vanessa
Don't be a victim. Stop credit card debt now. We can help.
http://www.stop-credit-card-debt.com
vanessa
Admin
We've been spammed. They got the IVA group as well.
Silly people can't get the message we're not interesed.
The only way is up
Sue |
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could i still go bankrupt
