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rob111256
Starting Member
20 Posts |
 Posted - 07 January 2010 : 15:20:12
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back in december i got my info from experian and equifax intending to declare bamkruptcy in january. now i cant afford to until end of feb or even march. obviously i have been getting letters asking for payment because the debtors did not know where i was before this.
now i have 2 letters saying they will take me to court or send representatives if i dont respond, these are lowell financial and hamptons legal (original letter was red debt collections)
can i ignore these people until i can afford to go bankrupt. and when i go bankrupt what will happen to my 2 year old telly and laptop. i also have a motorbike that is worth around £600, could i keep that. i am also on incapacity benefit and income support.
thanks. |
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gettingoutofdebt
forum expert
2418 Posts |
Posted - 07 January 2010 : 16:18:59
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The TV and laptop will be fine and I wouldn't bother listing these on the BR forms. With the motorbike it will be up to the OR to decide whether you need transport to/from work or not. If they decide you don't then they may take the bike to sell and give the proceeds to your creditors.
If you can't afford to pay your creditors then there is not much you can do with the letters threatening to take you to court.
If you are on benefits you should only need to pay the reduced BR fee of £360 rather than the full £510 fee. |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 07 January 2010 : 16:31:34
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Hi Rob
check back on this listing / question may help answer part of your question
"debt that has been passed to a collection agency"
by s200 about 15 entries back
hope it helps Richard |
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Niobe
Administrator
United Kingdom
4590 Posts |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 07 January 2010 : 18:39:37
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thanks Kallis
did not want to copy and paste for fear of messing the system
Computer illiterate Me (and spelling)
regards Richard |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 07 January 2010 : 19:10:17
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Copy and paste is absolutely fine.
Much easier to find links that way.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
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rob111256
Starting Member
20 Posts |
Posted - 07 January 2010 : 19:38:06
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| thanks for replies. i am clear now as to what the bailiff can and cannot do but i really need to know if these people would take me to court and what if anything a ccj would be against me when i go bankrupt. |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 08 January 2010 : 09:21:58
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Hi Rob
If you are going to end up BR in the scale of things a CCJ will not make much difference.
If you have a chance of avoiding a BR, a CCJ will effect your credit file and may prevent you obtaining future credit.
From My experience The ones more likely to take you to court and obtain CCJ are HMRC, the utilities companies and Local council but again they tend to be sometime down the road
regards Richard |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 08 January 2010 : 17:23:30
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As far as I am aware, HMRC are more likely to make you bankrupt rather than obtain a CCJ.
Buckle your seat belt Dorothy, 'cos Kansas is going bye bye.
Jan
xx |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 08 January 2010 : 22:58:27
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I agree with Jan, HMRC are more likely to make you BR.
Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
30 IPA payments made, 6 to go - the end is in sight! |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 08 January 2010 : 23:33:51
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from what others have said i was suprised the HMRC did not make me bankrupt !
HMRC was one of my CCJ's thou
They promised to make me BR but took so long that the heat was getting hotter from other creditiors that i had to make myself BR.
regards Richard |
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debt letters
