The Bankruptcy Club & Supporters Club

scootw1

Will the judge see me in a bad light if the reasons for bankruptcy were overspending albeit a lot of down to stress and depression from bullying in the workplace and outside? will I be seen in a better light due to the fact that I did try an IVA for six months?

scootw1

It wont even be mentioned....

Dont get too involved about what they may or may not say.. As long as you are telling the truth.. then there is nothing at all to worry about . Rog2 & others will stand by me with this...


What will the judge ask me? Will he ask me to justify the fact that I want to go bankrupt as opposed to an IVA? A friend who went bankrupt told me to tell them that you just cant meet the payments each month so it would unsustainable for 5 years.

Mike_St_Helens

scootw1 wrote:

It wont even be mentioned....

Dont get too involved about what they may or may not say.. As long as you are telling the truth.. then there is nothing at all to worry about . Rog2 & others will stand by me with this...


What will the judge ask me? Will he ask me to justify the fact that I want to go bankrupt as opposed to an IVA? A friend who went bankrupt told me to tell them that you just cant meet the payments each month so it would unsustainable for 5 years.

The judge wont ask. Its not his job.

He will simply ask if you know what you are doing, ask if you have had professional advice and who from, ask you name and employment .. thats all... No ins and outs.

scootw1

just let me check before I do this, a computer programmer doesn't lose his jobs through this?

My friend told me that he was asked by the judge for the reasons for going bankrupt? Surely someone asks along the way? Or willhe just look at my IVA proposals for the reasons?

Mike_St_Helens

Unless its inb your employment contract, No.

The judge may ask for an outline, simply tell him your debts are overwhelming, you have tried all solutions and this is now the best route. Your worrying too much. I know its easy to say as its nearly over for me.. But honest, its not as bad as you think.

scootw1

Just cacking myself over it really. Just afraid that he will give me a ticking off for overspending, being stupid and hen turning me down. Waste of £475 then

scootw1

In terms of the contract, we were never given a lengthy one just a few thing mentioned but nothing about bankruptcy. cant find anything on the Trust website either

Mike_St_Helens

scootw1 wrote:

Just cacking myself over it really. Just afraid that he will give me a ticking off for overspending, being stupid and hen turning me down. Waste of £475 then

Nah, Doesnt happen scoot...

He wont judge you at all.. as said, hell simply ask if you are sure and you have asked for advice.. proffesionally !!

May be the best £475 youve ever spent...

Mike_St_Helens

scootw1 wrote:

In terms of the contract, we were never given a lengthy one just a few thing mentioned but nothing about bankruptcy. cant find anything on the Trust website either

Jobs a good un then !

A lot of places ask on application forms, as mine did.. I asked in a roundabout way with the HR director... Was simply told once you are in you are in..

goonergirl

Oh god ! Im feeling in a right state at the mo!
I don't know whether to stop all this now! just had 5 bills come through the post (total £550) and a demand for missed payment from kays. thing is I have some of the money saved for fees for BR and some stuff Ive sold on ebay and I don't know whether to try and pay some of these I feel so guilty ! we borrowed all this money and the goods and now I don't know what to do ?? Help!

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