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is this enough
whitey31
Posts: 34 Forumite
i have 4500 unsecured debts is this enough to go bankrupt? i also have 22000 secured loan attached to house which is in negative equity(we are moving out) no sale just giving it up!
i do get confused alot as i thought you had to have over 15,000 unsecured debt to go bankrupt?
any answers appreciated
i do get confused alot as i thought you had to have over 15,000 unsecured debt to go bankrupt?
any answers appreciated
0
Comments
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There is no set figure really, it depends on whether you are insolvent or not.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
let me ge this right insolvent means, more outgoings then incomings, basically you have not enough money to pay everyone.0
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