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 Paying well in excess the amount I was made bankrupt for ?
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Starting Member

1 Posts

Posted - 22 May 2014 :  19:51:33  Show Profile  Visit Emma.d's Homepage  Reply with Quote
If my ex-partner and joint owner of my former home has paid the trustee a sum of money for my share of the beneficial interest, does this amount go towards my creditors? If that's the case, combining that amount with my monthly IPA amount, I will be paying well in excess the amount I was declared bankrupt for. Can this happen?

forum expert

United Kingdom
2211 Posts

Posted - 23 May 2014 :  00:44:20  Show Profile  Reply with Quote
Hi Emma, there are fees, and interest and charges to add on so you don't just owe the original debt anymore unfortunately. It will be a lot more.

Have you finished your IPA?

I suggest you speak to the official receiver if in any doubt.

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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forum expert

2826 Posts

Posted - 23 May 2014 :  06:56:10  Show Profile  Reply with Quote
can you give us some figures please?
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