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T O P I C R E V I E W
honeybunch
Posted - 05 May 2009 : 13:56:49 how long must you have the debit for before declareing bankcrupty
3 L A T E S T R E P L I E S (Newest First)
gettingoutofdebt
Posted - 05 May 2009 : 18:17:42 She should be fine but you should advise her to contact the CAB, CCCS or National Debtline as they will be able to discuss her situation and solutions.
honeybunch
Posted - 05 May 2009 : 18:10:33 thanks it was for a friend at work she is in a bit of a muddle i said it was about a year i had no idear
gettingoutofdebt
Posted - 05 May 2009 : 14:03:58 There's no specific period but if you obtain credit when you are planning to declare BR in the near future this could result in a BRU.
If you're situation changes then there is not a lot you can do i.e. you have a loan in Feb 09 but in Apr 09 you lose your job then it shouldn't be a problem. But if you get a loan in Feb 09, spend all of the money on holiday's, etc. and then declare BR in Apr 09 this would definitely be frowned upon.
