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 if you don't go bankrupt what can creditors do?

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T O P I C    R E V I E W
russ Posted - 20 November 2008 : 18:36:27
IF YOU DONT GO BANKRUPT AND YOU JUST KEEP ON FOBBING OFF CREDITORS WHAT CAN THEY HONESTLY DO, BESIDES THE CCJ AND BAILIFF BIT, WHAT CAN THEY DO, YES I WORK, I HAVE NOTHING OF ANY VALUE, I HAVE LOST EVERYTHING ALREADY HOUSE THE LOT. I HAVE NOTHING, I RENT HOUSE WITH WIFE WITH JUST NORMAL FURNITURE ( SHARED OWNERSHIP ) BUT WHAT ELSE IS THER FOR THEM IF YOU HAVE NOTHING, I HAVE SMALL CHILDREN X 3 AND OWN NOTHING . CAN THEY TAKE PART OF MY WAGES FROM MY EMPLOYER. CAN ANYBODY ANSWER THIS..?
4   L A T E S T    R E P L I E S    (Newest First)
jim_h Posted - 21 November 2008 : 13:34:31
i work was saving up for my bankrupcy no chance now am now on a four day week if you get a ccj i got one i pay 15 pounds a month if you stop paying they can give you a attachment on your wages but it is based on your earnings how much you pay back 1 had a debt of 4000 pounds was paying 70 pounds a month could no longer afford that they took me to court and thats what the court said i had to pay on my ccj hope this helps
John Posted - 20 November 2008 : 22:34:51
Hi

if you receive a CCJ and do not make the payments then an attachment of earnings will be made and the funds deducted from your salary at source.

www.Bankruptcyhelp.org.uk
0800 078 9367
Needafriend Posted - 20 November 2008 : 20:20:02
Hi Russ

Technically a Creditor can go to court to get an order to take monies from your wages if you dont have any assets like a home to put a charge on or force a sale.



Jo
x


For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Jo's Links and added info on Bankruptcy!
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take it by the horns and live a little, otherwise life would be so boring!
movin on Posted - 20 November 2008 : 20:02:38
Hi Russ

I dont know but will bump it up for you

Onwards and Upwards is the way im going :-0)

xx

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