house repossessed and bankruptcy

aideym900

Just want to make sure before I do anything daft
My house was repossessed, it was sold and made a loss of £10000
There was a loan secured on the property for £33000
There are other debts amounting to £50000 in unsecured.

My IVA has been failed and I have a hearing date for Voluntary Bankruptcy

The creditors are asking for my plans for repayment of the money, so do I inform them of my hearing date and that I don't intend to make any arrangements with them or do I ignore the red letters and hang out for the next 2 weeks until my date and then inform them of the outcome?

Aid

fermi

Can't see it really matters either way?

2 weeks isn't long enough for creditors to take any meaningful action. If you tell them what you are going to do, then most of the time they won't believe you or will just disregard it.