advice on what to do please

broxiebear1

as i have stated before on other posts i am in the process of b.r early stage live in scotland , what i want to know is should i contact creditors by letter asking them if they will agree on me going b.r i need at least one to agree. hat do you think there responce will be
i want to show that im trying to do something about my situation rather than ignoring them , i have already sent letter with soa to them asking them to send standing order form for token payment but they ignored that
do you think im wasting my time
broxie

broxiebear1

broxiebear1 wrote: »

as i have stated before on other posts i am in the process of b.r early stage live in scotland , what i want to know is should i contact creditors by letter asking them if they will agree on me going b.r i need at least one to agree. hat do you think there responce will be
i want to show that im trying to do something about my situation rather than ignoring them , i have already sent letter with soa to them asking them to send standing order form for token payment but they ignored that
do you think im wasting my time
broxie

can anyone
help p;ease

concerned43

Sorry I'm a little confused - since when did one need a creditor to agree to BR?

philnicandamy

concerned43 wrote: »

Sorry I'm a little confused - since when did one need a creditor to agree to BR?

scottish rules

concerned43

Not according to govan law centre:

http://www.govanlc.com/Bankruptcy.htm

philnicandamy

Depends.....

Accountant in Bankruptcy (equivalent of the English Insolvency Service).

Main website: https://www.aib.gov.uk

For general queries about insolvency (but not debt advice) you can contact: General helpline - Tel: 0845 762 6171 - Email: Helpline@aib.gsi.gov.uk

Bankruptcy

Low Income Low Assets.

Debt Arrangement Scheme

Trust Deeds

Bankruptcy after 1 April 2008
DAIP - Debt Advice and Information Pack
Debtor's Guide
Creditor's Guide
Bankruptcy Restriction Guide
Trust Deeds Guide
Bankruptcy before 1 April 2008 (follow for links)

broxiebear1

can anyone help plz recieved default notice from 2 creditors today

coolcait

concerned43 wrote: »

Not according to govan law centre:

http://www.govanlc.com/Bankruptcy.htm

:eek: I think Govan Law Centre need to update their website! It doesn't reflect the changes to the bankrutptcy legislation in April 2008. And 'poinding' was abolished long before then too.

One of the ways you can make yourself bankrupt in Scotland is by having a 'concurring creditor', as broxie says.

Broxie, if you want to try for that one, you'll have to sell it to the creditor as being a good thing for them. Can you do that in your circumstances? Are you likely to be paying an IPA, for example? Or do you have assets which could be realised?

It's worth talking it over with a money adviser if you think that it might be a starter for you.

Good luck.

broxiebear1

coolcait wrote: »

:eek: I think Govan Law Centre need to update their website! It doesn't reflect the changes to the bankrutptcy legislation in April 2008. And 'poinding' was abolished long before then too.

One of the ways you can make yourself bankrupt in Scotland is by having a 'concurring creditor', as broxie says.

Broxie, if you want to try for that one, you'll have to sell it to the creditor as being a good thing for them. Can you do that in your circumstances? Are you likely to be paying an IPA, for example? Or do you have assets which could be realised?

It's worth talking it over with a money adviser if you think that it might be a starter for you.

Good luck.

thanks for replying coolcait i knew you wouldnt be far away :T i saw advisor (MONEYADVICE SCOTLAND ) they said same as cccs and ndl br was best option i dont know if i would get an ipa i dont have much surplus for the month £70 i think and no i dont have any assets, i just recieved 2 default notices today think there will be more shortly dont qualify for lila so need them either to agree on me going br (unlikley or waiting for charge for payment ,