Bankruptcy Association Closure Today as I opened up my mail, I thought that I would be reading a “newsletter” from the Bankruptcy Association. Unfortunately, it contains the following sad news: “Dear Member I have recently discovered that I have terminal … Continue reading
When you go bankrupt there are certain figures that the insolvency service would use to calculate your monthly disposable income. Obviously, some outgoings such as mortgage, rent or council tax will vary depending on where you are. Here is a … Continue reading
Property Dangers in Bankruptcy In the past I have mentioned the dangers of what will happen to your property in Bankruptcy or an IVA. Here are some notes that need to be considered if you do not own a property … Continue reading
Here is an example of somebody who owned the property and went bankrupt in 2008. Over a three-year period they were evicted from their property and the property was sold. XX XX 2012 Dear Sirs XXXX – In Bankruptcy Croydon … Continue reading
The Bankruptcy Association I recently came across the News Letter by The Bankruptcy Association. It was interesting to read the following passage: “I have noticed in particular that most debt collection companies and agents are quick off the mark in … Continue reading
If you have ever wondered what questions you will need to answer when filling out a Bankruptcy petition then here is the Statement of Affairs document. If you are considering going bankrupt, get as much advice as possible!!! YOU COULD … Continue reading
NOTICE OF IMPENDING COURT ACTION Here is a letter that someone recently received from Buchanan Clarke & Wells. This one should be taken seriously as they are threatening impending court action! “Pursuers: NPower Ltd – Client reference BCW reference: B … Continue reading
Where to Get Good Free Debt Advice and Remain Anonymous? It takes a lot of courage to seek out debt advice. There are many places where you can seek advice about your debts, from charities to professional advisor’s. My advice … Continue reading
What is a Debt Relief Order? A Debt Relief Order (DRO) is a new alternative to bankruptcy introduced in 2009. It is a form of insolvency which can help people who are unable to turn to other debt solutions. DROs … Continue reading
So you have received a Statutory Demand under section 268 (1) (a) of the Insolvency Act 1986, in other words somebody has sent you the documentation to make you bankrupt! This article explains the documentation required when disputing a statutory … Continue reading
