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jane_159
Starting Member



2 Posts

Posted - 06 September 2009 :  22:36:11  Show Profile  Visit jane_159's Homepage  Reply with Quote
Hi there,

I'm just going to start the process of filing for bankruptcy as i'm a single parent and have lost my job. Aswell as my £10,000 debt i have 3 outstanding payday loans can i just ask if they can be included in the bankruptcy? I'm so worried about not being able to pay them off now.

Thank You

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 06 September 2009 :  23:55:07  Show Profile  Reply with Quote
Hi
depending upon your assets, disposable income & car you may be better suited to a Debt Relief Order

Sub 15k of debt
Less than £50 per month of disposable income
Assets worth less than £300
Car worth less than £1000

the cost for this is £90 rather than £510 for bankruptcy



Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com

Real People ..... Real Debt Solutions
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