2007-05-10 13:43:01 · 9 answers · asked by masonv80 3 in Business & Finance ➔ Personal Finance
acermill- is there any need for you to be so patronising? if you can't give constructive advice in an adult fashion then why bother????
2007-05-10 13:48:48 · update #1
P.S - I don't live in the US!!!! read !!!!!!
2007-05-10 13:49:39 · update #2
It is true that you have to pay a fee, yes.
Please contact your nearest Citizens Advice Bureau, as they will be able to help you.
Even if you are on benefits, there is still an amount of money that you need to fund yourself. Approx. £400.00.
See the CAB website to find your local advice centre:
http://www.citizensadvice.org.uk/index/getadvice.htm#searchbox
See also this link to one of their leaflets on bankruptcy:
http://www.adviceguide.org.uk/index/life/debt/debt_fact_sheet_index.htm
I've had to deal with this kind of thing on behalf of some of my clients, but I suggest that you really do need to contact CAB as they are independent and will not charge you any fees for seeking advice and guidance.
They can also help negotiate payments to people you owe money to in the meantime, while you decide if the best course of action is Bankruptcy.
Hope this helps.
2007-05-10 17:30:50 · answer #1 · answered by Jules 5 · 0⤊ 0⤋
Hi. I have a few friends who are or have been bankrupt in the UK at one time or another.
The papers tell us it is all Rosy and a way of settling student debts etc but that is not the case.
As I said, it's friends, not me.
If you are in the UK and not yet bankrupt, but have questions, email me those questions and I'll get back to you.
These are people I see every day, with jobs and homes and lives etc.
Bankruptcy is not the end of the world, but it's close.
2007-05-10 13:55:42 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You don't have to pay court costs if you're unemployed or on certain benefits, but you do have to pay the receivers (£310 when I went bankrupt). Try a company called Debt Free Direct (phone no.on teletext ) all their help and advice is free (that's who I went to first) and they're really easy to talk to. There may be some other way to sort your debts out, you don't neccessarily have to go bankrupt.
2007-05-10 14:01:15 · answer #3 · answered by Anonymous · 0⤊ 0⤋
In Britain I believe its free to declare yourself bankrupt (I cant understand you having to pay as the whole idea of bankruptcy is due to you having no money).
Im not 100% sure though - If I were you I'd contact the local CAB (Citizens Advice Bureau) - they give free advice & have specialist debt counsellors
2007-05-10 13:52:11 · answer #4 · answered by Lisa 3 · 0⤊ 0⤋
if you live in the UK it is i watched a documentary about it once and then your not guaranteed to be giving it the judge could still say you have assetts and if you are declared bankrupt no back will touch you for 5 years so getting any kind of credit after you are is real hard
2007-05-10 13:49:03 · answer #5 · answered by mcginty 2 2 · 1⤊ 0⤋
No. One might have little or no, to no understanding of God in the event that they believed that to be genuine. John one million:5 the gentle shines interior the darkness, and the darkness has not triumph over it.
2016-12-11 06:03:23 · answer #6 · answered by kuelper 3 · 0⤊ 0⤋
there is a court filing fee about $200 bucks or something. If you are doing it yourself, that is going to be your only fee but it is very tedious. but if you get a lawyer to do it, it can run you about $800 bucks. which will include the court fees and the rest is the lawyers fees.
So yes, filing bancrupt is not free.
2007-05-10 13:48:55 · answer #7 · answered by elivabeth 2 · 0⤊ 2⤋
Did you have some odd notion that a bankruptcy attorney works for free ? Yes, of course you have to pay, including filing fees as mandated by your state.
2007-05-10 13:46:53 · answer #8 · answered by acermill 7 · 0⤊ 3⤋
I don't know...whatever it is i ca'nt afford it,i'm bancrupt.
2007-05-10 14:40:02 · answer #9 · answered by John.1.boy 1 · 0⤊ 1⤋