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Bancruptcy charges

People will soon have to pay £200 to enter bankruptcy after the agency that administers the applications found that the present £100 fee was not covering its costs.
http://www.stirlingobserver.co.uk/stirling-news/scottish-news/2012/05/22/51226-31022785/

Court official: Can I help you sir?
Person: Yeah, I am here to declare myself bancrupt.
Court official: That will be £200 please, the price has just gone up I'm afraid.
Person: Not a problem mate, here have a cheque.

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    well people about to go bankrupt usually just stop paying any of their debts so should have a reasonable amount of money to spend on bankruptcy fees
  • it's always been the case that you actually need to have some money to go bankrupt, as strange as it may seem. definitely agree that it shouldn't be a taxpayer subsidised service!
    'Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.'
    GALATIANS 6: 7 (KJV)
  • Preper
    Preper Posts: 11 Forumite
    :D[QUOTE=macaque;53318551

    Court official: Can I help you sir?
    Person: Yeah, I am here to declare myself bancrupt.
    Court official: That will be £200 please, the price has just gone up I'm afraid.
    Person: Not a problem mate, here have a cheque.[/QUOTE]

    The debt system is crazy, it seems to reward irresponsible behavior. Makes you think about borrowing a lot and not paying it back after all that's what banks and governments do.
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