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T O P I C R E V I E W
davl
Posted - 27 January 2009 : 12:20:37 How can I declare bankruptcy when I don't have the fees to pay into court?
2 L A T E S T R E P L I E S (Newest First)
movin on
Posted - 27 January 2009 : 13:24:48 Hey davl and welcome to the forum
John, would it be a good idea for davl to stop paying his unsecured creditors to save for the fee, if there are debts over £15k
Jenny
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
xx
John
Posted - 27 January 2009 : 12:25:55 Hi
unfortunately unless you have the £345 fee for the official receiver fees you can't. The £150 of the £495 full fee, which goes to the court, can be waived if on certain benefits but the £345 must be paid.
Depending on your debt level you may want to wait until April when the new Debt Relief Orders are due to be in place.
If you have no assets, debt maximum of £15K and no disposable income you could use this route instead. I believe the cost will be around £100 and basically achieves all that bankruptcy does.