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 Can I declare myself bankrupt if I work but my ear
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Starting Member

2 Posts

Posted - 21 February 2014 :  18:38:01  Show Profile  Visit Richard.k's Homepage  Reply with Quote
Can I declare myself bankrupt if I work but my earnings do not meet my living costs


United Kingdom
4590 Posts

Posted - 21 February 2014 :  18:48:41  Show Profile  Reply with Quote
Hi and welcome to the forum.

Yes you can declare yourself bankrupt but it will cost you £700 unless you are on certain benefits in which case there could be a reduction.

How much are your debts and do you have any assets which could be at risk if you do declare BR?

I suggest that you speak to an expert as to all the options open to you. Click on the expert link on the left hand side of the page and give one or two a ring for some free advice.

The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant

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forum expert

United Kingdom
2211 Posts

Posted - 22 February 2014 :  09:09:00  Show Profile  Reply with Quote
Hi Richard,

You can declare bankruptcy if you are insolvent and it's the best option for you. We don't know your situation, so please post a few more details, or speak to an expert for advice.

Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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