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
 BR after a failed business venture

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
Skint Flint Posted - 18 November 2008 : 17:30:07
Hey all

I have no choice but to consider BR after a failed business venture which has left me with £150K in PG's. I also have to the tune of £120K on personal borrowing, am a homeowner which has roughly £50K of equity. I'm married with 1 child and my wife has just returned to full time work. I'm no longer working but need to get a job.

I'm doing everything I can to save our home as there is a large sentimental value rather than the bricks and mortar but seem to be losing this battle.

Made the mistake of asking friends for advice rather than experts so any help can be appreciated!

Flint
1   L A T E S T    R E P L I E S    (Newest First)
John Posted - 18 November 2008 : 17:46:11
Hi

have you ever remortgaged the home and used the funds to support your business?

If you have I would suggest you call the helpline for further guidance once they know the full details of your case as losing your home is far from inevitable in such a scenario.



www.Bankruptcyhelp.org.uk
0800 078 9367

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