2006-11-12 02:37:47 · 7 answers · asked by chrispage3201 2 in Business & Finance ➔ Personal Finance
you have to be taken to court to declare yourself bankrupt. (Scotland). After that you must declare it to anyone you wish to get credit from.
2006-11-12 02:42:03 · answer #1 · answered by I know nothing! 5 · 0⤊ 0⤋
In England and Wales if you wish to go bankrupt you will have to apply to your local County Court. Alternatively, one or more of your creditors can apply to make you bankrupt, in which case, they pay the Court Fees. After you are adjudged bankrupt your case will be taken over by the Official Receiver, who will either settle your affairs himself or appoint a trustee to deal with it on his behalf. At this stage you do not have to deal with your creditors, you simply refer them to the Official Receiver or the Trustee. As an undischarged bankrupt, you must infom anyone who offers to lend you money, or give you credit, of more than £250 that you are an undischarged bankrupt.
2006-11-12 10:57:03 · answer #2 · answered by dawleymouse 4 · 0⤊ 0⤋
Go to Citizens Advice bureaux or a debt council ling service. A Lawer specialising in bankruptcy, would I think be expensive.
2006-11-12 10:51:42 · answer #3 · answered by gardener101 2 · 0⤊ 0⤋
call CCCS, consumer credit counseling service.. should be a toll free number in directory somewhere if you live in USA.. they are a non profit credit counseling service that can help you get your act together without having to file bankruptcy if all possible.. they help you figure out what to pay, who to pay and how much and can work between you and your creditors to get the best paypack plan that you can afford
2006-11-12 10:41:58 · answer #4 · answered by Mintee 7 · 0⤊ 0⤋
don't ruin your credit filing bk when you can settle and save your credit.
http://www.fdnsolutions.com
2006-11-12 15:23:31 · answer #5 · answered by Anonymous · 0⤊ 0⤋
http://www.debtadvicebureau.org.uk/bankruptcy/
2006-11-12 10:42:47 · answer #6 · answered by richard_beckham2001 7 · 0⤊ 0⤋
talk to citizens advice they will help
2006-11-12 13:45:19 · answer #7 · answered by Anonymous · 0⤊ 0⤋