We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Does it matter who makes you Bankrupt?
Jimbo4x4
Posts: 14 Forumite
I've been toying with the idea of making mayself bankrupt for about 8 weeks now- i even ended up at Slough court with all the papers, SOA, Fees etc etc about 6 weeks ago, before being told that they couldn't deal with it as it wasn't their jurisdiction.
Anyway, its getting to the stage that HMRC are threatening me with Bankruptcy pretty seriously. I phoned them and told them to hurry up!!!
So, does it matter if i make myself bankrupt or if someone else does it?
Anyway, its getting to the stage that HMRC are threatening me with Bankruptcy pretty seriously. I phoned them and told them to hurry up!!!
So, does it matter if i make myself bankrupt or if someone else does it?
0
Comments
-
So, does it matter if i make myself bankrupt or if someone else does it?
No. It would save you the fees.
You would tend to get a face to face interview rather than a telephone one if a creditor does it for you, but if you did it yourself you still might depending on your case.
The question is, how long before HMRC make good on the threat and how long can you hang on?
If may be worth you stumping up the fees yourself to get it all done and dusted.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards