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Does bankruptcy override Attachment of earnings?
mr_affable
Posts: 54 Forumite
Hi
Can anyone advise me - due to petition for my own bankruptcy within next 3 months (once got fees together). Have been paying nominal amounts to my creditors (mainly credit cards and also personal loan & storecard - owe total of approx £36,500 spread between 6 creditors - largest is £14,000). I have no assets and earn £20,000 pa through employer. Creditors have been very patient and usually ask for an update of my circumstances every 6 months or so when tell them I am pursuing bankruptcy and in the meantime have nothing extra to pay them.
Just wanted to know - if they tried to get an attachment to my earnings through court would that be included in my bankruptcy, or after my discharge (and 3 years of paying an IPA if appropriate) would i still have the attachment to my earnings?
Can anyone advise me - due to petition for my own bankruptcy within next 3 months (once got fees together). Have been paying nominal amounts to my creditors (mainly credit cards and also personal loan & storecard - owe total of approx £36,500 spread between 6 creditors - largest is £14,000). I have no assets and earn £20,000 pa through employer. Creditors have been very patient and usually ask for an update of my circumstances every 6 months or so when tell them I am pursuing bankruptcy and in the meantime have nothing extra to pay them.
Just wanted to know - if they tried to get an attachment to my earnings through court would that be included in my bankruptcy, or after my discharge (and 3 years of paying an IPA if appropriate) would i still have the attachment to my earnings?
0
Comments
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Any attachment of earnings in place would cease once you became bankrupt.
DDDebt Doctor, Debt caseworker, Citizens' Advice Bureau .
Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***0
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