Finally taken the first step

battyboimatt

Well, Ive finally taken the first step, i've opened a basic cash minder account with the co-op, card paying in book etc should be here next week sometime he said then I can transfer my wages, Ive printed off the froms and my all i can say is I have a big head ache coming I fi get stuck filling out the forms im sure my lovley new friends on this board will help me wont you

Matt x

uglysmithy80

hello matt,

have you been declared bankrupt now ?

battyboimatt

Not yet ugly, just sorted out the bank account, printed off the paper work and going to phone the court tomorrow to see how far they book

uglysmithy80

Matt,

Thank you i should do that really to be honest as i am going to go to the court at the end of the month. I am nervous about it all to be honest. i get worried that the judge will not let me go bankrupt!

i owe 22k and just got a job that pays 10K plus a bit of commission.

Ineedaname

Batty Matt - go you!

Ugly - if you are insolvent, i.e. your debts are more than your assets and you're struggling to meet even minimum payments, and have taken advice (preferably from one of the free debt advice charities) then you shouldn't be refused by a judge.

The only time that's likely to happen is if they think you actually could pay off your debts within a reasonable length of time (which on 10K a year wouldn't be likely), if you hadn't taken advice or if they had genuine concerns about fraud.

confused76

battyboimatt wrote: »

Well, Ive finally taken the first step, i've opened a basic cash minder account with the co-op, card paying in book etc should be here next week sometime he said then I can transfer my wages, Ive printed off the froms and my all i can say is I have a big head ache coming I fi get stuck filling out the forms im sure my lovley new friends on this board will help me wont you

Matt x

sounds like you're getting organised! of course we will help if you get stuck x