•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating


•Bankruptcy News

Media Room:
•Press releases
•Media Coverage

•About BankruptcyHelp
•Contact us
•Debt Glossary
•Insolvency jobs

  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum

Save Password
Forgot your Password?

 All Forums
 Forum Questions
 I will be going bankrupt every year until my lease ends if this is correct ! Any help appreciated.
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

Starting Member

3 Posts

Posted - 19 March 2015 :  01:15:07  Show Profile  Reply with Quote
I was declared bankrupt in November 2013, most of the debt was due to my business failing. I walked out on a 10 year lease which still currently had 5 years to run. The lease was included in the bankruptcy and the future debt of the rent. However, I am now being billed by land and property services for the rates of the retail unit as the it was a 10 year lease and they say only the rates until I was made bankrupt are covered. Surely this isn't correct as I will be going bankrupt every year until the lease ends if thus is the case! Any help would be appreciated.

forum expert

United Kingdom
2211 Posts

Posted - 19 March 2015 :  11:13:35  Show Profile  Reply with Quote
Hi Susiet,

If you vacated the property, stopped the business and included everything in your bankruptcy then it will be covered.

Speak to your official receiver and forward any letters you are getting.

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
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06