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i am going to declare bancruptcy

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kelly-v
Starting Member

35 Posts

Posted - 29 August 2009 : 14:23:00

i am going to declare bancruptcy but ironically can't afford it!! do i have to pay unfront of can you pay in instalments?

gettingoutofdebt
forum expert

2418 Posts

Posted - 29 August 2009 : 16:49:12

You have to pay upfront. If you are on benefits you may be entitled to a reduction of Ł150 but you need to complete the following form:

http://www.hmcourts-service.gov.uk/courtfinder/forms/ex160a_e.pdf

http://www.hmcourts-service.gov.uk/courtfinder/forms/ex160.pdf

Are you still paying your creditors? If so stop paying them and use the money to pay for your bankruptcy.

Some utility companies also assist people with the BR fee and the CAB will be able to assist you further.

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