it's ok to tell them but the phone calls and letters are inlikely to stop until you have actually declared bankruptcy and they have been contacted by the Official Receiver
hi E1, my date is feb 27 i was also wondering about this, creditors are constantly ringing, a couple managed to get a few pounds from me i have stated to most of them that i may be using an IVA or DMP should i just tell them im going BR soon,do they have time to do anything? a couple of our debts are up to date with no missed payments, thanks v much
I would say that there would not be enough time for them to do anything as you are only a matter of weeks away from your date. If you feel like you want to tell them that is.
I would like to add that paying one creditor over another will be seenas preferencial, you will be ok as its only a few pounds, however now you know your going br i would not pay them anything.
It is up to you if you decide to tell them - depends how brave you are feeling on the day i guess
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
phone calls
Posted - 27 January 2009 : 20:20:50
