2006-11-28 23:50:33 · 8 answers · asked by brad52@btinternet.com 1 in Business & Finance ➔ Credit
you have to pay off all your creditors.
or you get to the end and get discharged.
2006-11-28 23:56:11 · answer #1 · answered by alatoruk 5 · 0⤊ 1⤋
Use a low interest Zopa loan to pay off your debts, the rate you'll pay back to zopa is comprable to a mortgage in many cases & u dont get the sort of conditions u need 4 0% credit cards (use the credit card if u can but b careful about extra charges, missed payments, PPI ect)
Join zopa with this link & when u lend or borrow we'll each get £30
http://www.zopa.com/ZopaWeb/affiliate/?referral=mice
2006-12-02 06:26:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It depends on your situation and how much you owe, It might be for the best to declare yourself bankrupt. Just think of the worse case scenario.... you are unable to get credit for up to 6years. I was in a situation where I was in the awful position of having no money and creditiors everywhere, I went to the local citizens advice and they helped me sort out a payment plan and managed to get my creditiors to freeze my accounts so no interest would be added on, If I could only give you one piece of advice it would be don't bury your head in the sand about this, it won't go away and you will feel much better having sorted everything out. good luck
2006-11-29 00:03:47 · answer #3 · answered by xoclairexo 3 · 0⤊ 1⤋
surely if you are a bankrupt you have already been advised of the nature of bankrupcy. If you are not then contact CAB first
2006-11-29 02:17:08 · answer #4 · answered by Anonymous · 0⤊ 1⤋
xoclairex answer is right go to the cab and they can sort all your problems out for you believe you me.if you owe about £15.000 or more and dont own your house they they will probably advice you to go bankrupt you will have nothing to lose your debts will be written off. you will be distarged with in a year i think it is. you can still get a bank account and credit as well you will be surprised. good luck for a happier fucture get your self to the cab
2006-11-29 00:49:39 · answer #5 · answered by bigbaps 3 · 0⤊ 1⤋
If you have already declared yourself bankrupt you will have been notified of date this is dissolved. If not, contact the Official Receiver who dealt with the bankruptcy.
2006-11-29 07:19:07 · answer #6 · answered by migs 1 · 0⤊ 1⤋
Start to pay backyour debts.
Cut down on spending to only necessary things and make sure you get a good, secure job!
2006-11-28 23:55:51 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Life is a constant struggle between bankruptcy and death.
Only guarantee is that one of them will get you sooner or later.
2006-12-01 20:50:15 · answer #8 · answered by Pit Bull 5 · 0⤊ 1⤋