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T O P I C R E V I E W
Mixitallup
Posted - 29 September 2008 : 12:25:27 Hi there. I have been doing a debt management setup now for roughly 2 years however i am getting knowwhere in paying back my debt. I have over £15000 worth of unsecured debt. I have a good paid job but i am struggling to pay for my debts and live at the same time. Would i be declined a bankruptcy order if i am working? Many thanks Aaron
2 L A T E S T R E P L I E S (Newest First)
dazed and confused
Posted - 29 September 2008 : 16:06:12 Sorry to tag onto this, but does the Judge or the OR take into account what your minimum monthly payments are, or were, when you go BR?
If they deem that you have enough DI income to pay your debts would they stop you from going BR?
John
Posted - 29 September 2008 : 12:29:37 Hi no you would not.
What is your net monthly income? What is your agreed monthly expenditure level agreed with the DMP company?
This information will help determine whether or not bankruptcy will be of benefit to you.
