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



United Kingdom
176 Posts

Posted - 20 November 2008 :  18:36:27  Show Profile  Reply with Quote
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..?

movin on
Average Member

United Kingdom
946 Posts

Posted - 20 November 2008 :  20:02:38  Show Profile  Reply with Quote
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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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 20 November 2008 :  20:20:02  Show Profile  Reply with Quote
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!
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John
New Member



United Kingdom
73 Posts

Posted - 20 November 2008 :  22:34:51  Show Profile  Reply with Quote
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
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jim_h
Junior Member

United Kingdom
219 Posts

Posted - 21 November 2008 :  13:34:31  Show Profile  Reply with Quote
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
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