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2006-09-14 01:35:37 · 6 answers · asked by Louisa M 1 in Business & Finance Personal Finance

6 answers

Nope

2006-09-14 01:36:32 · answer #1 · answered by Jenny O 4 · 1 0

No.

Any bankruptcy proceedings would take account of all necessary expenses, such as rent, food, utilitie bills etc.

You may lose other assets, electrical equipment, white goods, cars etc..

2006-09-14 01:48:02 · answer #2 · answered by Boris 5 · 1 0

no long as you can keep paying your rent or keep your benefit in check then youll be fine, just make sure if your claiming benefit you keep the nebefits office updated with whats going on and any changes, sometime if you dont they stop paying benecit to your rent n dont tell you and it all builds up (i used to work there!)

2006-09-14 01:44:36 · answer #3 · answered by pinky 2 · 1 0

You shouldn;'t, going bankrupt does not mean that you have no money, as the peopel sorting it out have to arrange that you have some income, or you may be solely reliant on benefits.

the people dealing with the action shoudl be able to help, in addtion you will have to apply for housing benefit, any assetts you have should i believe be disregarded as they will have been seized to pay your debts, and not yours anymore.

You should go to a Citizen's Advice Bureau or try these

BBC one Life – information on various general finance issues




Consumer CreditConsumer Credit Counselling Servicehttp://www.cccs.co.uk/about/aboutus.htm

Consumer CreditCredit Actionhttp://www.creditaction.org.uk/about.htm

DebtCitizens Advice – advice guidehttp://www.adviceguide.org.uk/index/life/debt.htm

DebtDebt Advice Bureauhttp://www.debtadvicebureau.org.uk/about_us/index.html

DebtNational Debt Linehttp://www.nationaldebtline.co.uk/agency_information.php

Debt in DivorceDivorce Aidhttp://www.divorceaid.co.uk/financial/HELP/debt.htm

Money adviceCommunity Money Advicehttp://www.communitymoneyadvice.com/

Money AdviceMoney advicehttp://www.moneyadvicetrust.org/

New parents Money AdviceFSAhttp://www.fsa.gov.uk/financial_capability/tools/parents.html



General adviceCitizens Advice Bureauhttp://www.adviceguide.org.uk/

Law CentresLaw Centres Federationhttp://www.lawcentres.org.uk/

Legal issues (court hearings)Courts Servicehttp://www.hmcourts-service.gov.uk/

Legal ServicesLegal Services Commission
http://www.legalservices.gov.uk/

Local GovernmentLocal Government Ombudsmanhttp://www.lgo.org.uk/

Multiple issues – Housing, family mediation, benefits consumer affairs, employment etcAdvice nowhttp://www.advicenow.org.uk/






Homelessness IssuesCitizens Advice Bureau – Housing advice Frequently asked questionshttp://www.adviceguide.org.uk/index/family_parent/housing.htm

Housing & Homelessness IssuesShelter – advice guidehttp://england.shelter.org.uk/advice/housingadvice.cfm

Housing & Homelessness IssuesDirect Gov info on Housing Possessionshttp://www.direct.gov.uk/HomeAndCommunity/InYourHome/LosingYourHome/HomelessArticles/fs/en?CONTENT_ID=10026228&chk=FeJEPo

Housing & Homelessness IssuesCrisishttp://www.crisis.org.uk/

Housing InformationDepartment for Communities & Local Governmenthttp://www.communities.gov.uk/index.asp?id=1150232



Work & pensions (benefits information)http://www.dwp.gov.uk/

Entitled To http://www.entitledto.com/

Enables people to see if potentially entitled to benefits and where to enquire about applying for any they may have an entitlement to
Family Tax Creditshttp://www.hmrc.gov.uk/renewals/

Housing & Council Tax Benefit Calculator – Liverpool City Councilhttp://benefitscalc.liverpool.gov.uk/

Housing Benefit Information (Shelter)http://england.shelter.org.uk/advice/advice-120.cfm/setcountry/true/?r=gaw&frmAlias=/housingbenefit/

Housing Benefit Rooms Calculator (Rents Service)http://www.therentservice.gov.uk/online-services/room-calculator.asp

Pensions Servicehttp://www.thepensionservice.gov.uk/retired/bereavement/funeral-payment.asp

Tax Credits Online – Inland Revenue http://www.taxcredits.inlandrevenue.gov.uk/HomeNew.aspx

Tax Information – Tax Aidhttp://www.taxaid.org.uk/

Tax Tools & Converters – Inland Revenue http://www.hmrc.gov.uk/practitioners/tools-more.shtml

DEBT & BUDGETING
Business Debtlinehttp://www.bdl.org.uk/

Credit Check – Checkmyfile.comhttp://www.checkmyfile.com/

Financial Health Check - BBChttp://news.bbc.co.uk/1/shared/spl/hi/business/healthcheck/index.stm

Home Repossession – Home Repo pagehttp://www.home-repo.org/

Loan Calculator – Financial Services Authorityhttp://www.fsa.gov.uk/consumer/04_CREDIT_DEBT/loan_calculator.html

You can use this loan calculator to work out what your monthly repayments would be for various loan amounts, repayment periods and annual interest rates. This could help you decide whether or not you can afford to take a loan out, and also to compare how much you would actually be paying back with different offers you might be considering.
This page also has sections on:
•Borrowing & Debt Frequently asked questions
•Debt Test
•Credit Scoring
•Putting things Right.

Money saving Tips for your Household – Communication Workers Friendly Societyhttp://www.cwfs.co.uk/factsheets_560.aspx


BBC one Life – information on various general finance issueshttp://www.bbc.co.uk/radio1/onelife/finance/index.shtml

Don;lt worry you will get throught to the other end.remember you ae not the only one, it's nothing that hasn't happened before

Best of luck, and wishing you a good life and real good day

2006-09-14 01:56:37 · answer #4 · answered by Anonymous · 0 0

If you cant pay your rent, then yes I think they would evict you.

2006-09-14 01:43:39 · answer #5 · answered by Annie M 6 · 0 1

It's not yours to lose

2006-09-14 01:38:42 · answer #6 · answered by JJ 7 · 0 1

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