HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

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

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > 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

 All Forums
 archive
 Forum Questions
 Hello needing some advice regarding my partner and me going bankrupt

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
Spanna1310 Posted - 05 March 2013 : 16:10:13
Hello needing some advice regarding my partner and I going bankrupt please - our iva proposals have been rejected by a creditor and will not budge and its over double what we were proposing which we cannot afford to do. we don't own a house, we have a car but its not registered in my name but it is falling apart , i have 4 children, we tried to do the morally "right" thing but it hasn't worked so i think our only option is bankruptcy but as im not clear about the ways of bankruptcy it scares me, Any advice would be gratefully received x
3   L A T E S T    R E P L I E S    (Newest First)
Niobe Posted - 06 March 2013 : 08:23:58
Viki makes a good point, a DMP could be an option for you, at least in the short term.
Viki.W Posted - 05 March 2013 : 18:25:48
Hi Spanna,

Sorry to hear about your IVA being rejected.

This site has a lot of info if you have a look around, or contact an expert to chat it all through.

Your IP will also help and advice, I'm sure.

If you have no assets, then bankruptcy is definitely an option for you, but you could do a DMP too. Bankruptcy is not scary, it's there to help you so please take advice and make sure how it would affect you.



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
Niobe Posted - 05 March 2013 : 16:28:56
Hi Spanna and welcome to the forum.

Bankruptcy will cost you £700 per person but all of your debts will be written off.

How much is your car worth? If less than £2k then it should be ok. You may have an income payment agreement for three years and of course it will impact on your credit rating for six years.

I have emailed you off forum from the sister site. If you don't know who I am then let me know and I'll email you again.

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06