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 Please could you advise me, I owe 15k		  New Topic  Reply to Topic
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christine.b
Junior Member

176 Posts
Posted - 15 May 2009 :  17:53:24  Show Profile  Reply with Quote
Please could you advise me, I owe 15k to several creditors who have written to say that are going to persue a county court judgement against me or send in baillifs or put in a bankcrupcy claim against me, as i am on income support i am not able to make any payments at present, so my question is can the bailliffs come in and remove my furniture also what does it entail when the creditors file for bankcrupcy against a debtor, how much would i have to pay towards the bankcrupcy order.Thank you.

Niobe
Administrator



United Kingdom
4590 Posts
Posted - 15 May 2009 :  18:11:30  Show Profile  Reply with Quote
Hi,

If creditors petition for your bankruptcy, it will not cost you anything - they have to bear all the costs.

As to bailiffs, they are limited as to what they can take.

Have a read of this and it will tell you about them:

http://www.direct.gov.uk/en/MoneyTaxAndBenefits/ManagingDebt/DebtsAndArrears/DG_10034289

The glimmer gets brighter all the time

Jan
xx
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gettingoutofdebt
forum expert



2418 Posts
Posted - 15 May 2009 :  18:11:50  Show Profile  Reply with Quote
What are the debts for i.e. loans, credit cars, car finance, etc.? Are they secured debts or not?

From what you are saying it sounds like the 1st 'scare' letter than creditors send when you miss a payment however is should be taken seriously.

If you are on benefits and the debt is less than 15K then a DRO may be a better option than BR.
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