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shazzles
New Member



79 Posts

Posted - 18 January 2009 :  09:04:03  Show Profile  Reply with Quote
Still no job and Feb will be my 3rd missed payment on my iva, how do i go about bankrupting myself? I am due redunancy money from my job, should i jsut withdraw that money and close my account?

s4pps
Junior Member



252 Posts

Posted - 18 January 2009 :  09:14:30  Show Profile  Reply with Quote
Hi Shazzles :) You can contact your local courts and they'll send you out all the paperwork you need. Be warned, it's a big envelope! You will need the funds for the BR. Also you'll need confirmation from your IVA company that the IVA failed.

Will let someone else advise about the redundancy money.How much is it? And how much do you owe?

Do you have any assets? Property? Because they can affect your decision.

Suzanne x

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coxy
New Member

United Kingdom
63 Posts

Posted - 18 January 2009 :  10:57:35  Show Profile  Reply with Quote
HI Shazzles
I would see about getting some advice i would imagine the OR goes over previous bank statements so if your redundancy is a significant amount they would want to know where it is.
We have not gone br yet so im going through bank statements trying to remember what we spent withdrawels on.
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John
New Member



United Kingdom
73 Posts

Posted - 18 January 2009 :  14:43:51  Show Profile  Reply with Quote
Hi

you definitely need to seek advice.
Depending on how much you owe, how long you have been in the IVA and how much redundancy you are likley to receive there may be a deal to be done to avoid bankruptcy.

www.Bankruptcyhelp.org.uk
0800 078 9367
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