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Decided on Bankruptcy

Munchlet
Posts: 35 Forumite

Hi
Thanks to everyone who has provided me with help and advice since I joined the board. Just thought I would let you know that after thinking long and hard hubby has decided to file for bankruptcy.
Fortunately I have been saving a bit over the last few months in case it came to this so we have the fee and he will start doing forms over the weekend and go down one day next week and get it made official.
Just one question if I may, as I previously posted we have an interim charging order which the hearing is set for 26th April, just wondered once hubby is bankrupt what should be do about this. Do we still need to attend court on the 26th, do we need to notify the land registry or the company issuing the charging order?, just wondered if anyone knew only we obviously don't want to go bankrupt and then have the order made final as it's the charging order that's pushed us to bankruptcy, previously we were trying for an IVA.
I've had letter from the land registry this morning notifying us of the charge and it says if we object to contact them, obviously we object but we understand that hubby owes the money so don't actually have any real grounds for objection if you know what I mean.
If anyone can help on this would be really grateful.
Thanks again
Thanks to everyone who has provided me with help and advice since I joined the board. Just thought I would let you know that after thinking long and hard hubby has decided to file for bankruptcy.
Fortunately I have been saving a bit over the last few months in case it came to this so we have the fee and he will start doing forms over the weekend and go down one day next week and get it made official.
Just one question if I may, as I previously posted we have an interim charging order which the hearing is set for 26th April, just wondered once hubby is bankrupt what should be do about this. Do we still need to attend court on the 26th, do we need to notify the land registry or the company issuing the charging order?, just wondered if anyone knew only we obviously don't want to go bankrupt and then have the order made final as it's the charging order that's pushed us to bankruptcy, previously we were trying for an IVA.
I've had letter from the land registry this morning notifying us of the charge and it says if we object to contact them, obviously we object but we understand that hubby owes the money so don't actually have any real grounds for objection if you know what I mean.
If anyone can help on this would be really grateful.
Thanks again
0
Comments
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As soon as you get the bankruptcy order, you should send a copy to the creditor and the court. The judge should dismiss the charging order if they know about the bankruptcy Order. Dont assume that because it may be in the same court that the judge will know about itHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0
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