Bankruptcy

Bismarck

jammydodger1969 wrote: »

Hi everyone!

My first post here so not sure what to expect - but I could really do with some advice!

I have booked my court appointment for the 20th of October, I have completed all the forms etc but will still be trying to run a business as I have to keep the family going!

I guess my main questions are as follows:

Once I go BR my business will actually become profitable in a few months - how does this affect my personal finances with regards the OR?

We have two cars in my name but I understand you can usually only have one and it cannot be worth any more than 2K. My wife really needs a car so is she allowed to buy that one off the finance company?

I understand the OR will investigate my expenses, etc - at present I pay my wife a small salary, could i increase this as she is not going bankrupt?

We have a joint account that will be clear of debt when I go BR, will this affect my wife's credit rating?

Finally (and thanks for your patience!) is she allowed to include me as an additional card holder on her credit card as I work abroad alot and have to use one otherwise it presents some problems!!

Thanks

P.S. I only wish my debt was 91K!

sorry to hear your situation...

you really need to post on the Bankruptcy Sub Board if you've not done already...you'd most likely get more response and help from those who have been through / are going through this.

take care.