Can I go bankrupt?

Bubblewrap_2

Hi All

I was wondering if anyone can help me?

I lived in Jersey for 3 years and took out a loan. I became extremely ill and moved back to the UK but because of my illness I am now unable to work full time and so I am unable to pay the loan back. I was hoping to go bankrupt but Jersey does not accept a person going bankrupt (unless it is a company). About a year ago they put a petition into the Jersey court, the first time it was postponed and the second time it was withdrawn. Now they have put it back to the Jersey court and now I dont know what to do?? Is there a way I can go bankrupt over here and have that loan put into it? I dont have a house I am renting a room off a friend and I work part time and for this I need a car so this is the only thing I have?? Is there anyone who knows anything about the Jersey laws? or is there anyone you think I can contact to ask about this??

Thanks for looking and thanks for any help anyone can give me!!

[Deleted User]

Sorry to see your troubles

Best post here (different forum) Bankrupcy & living with it
http://forums.moneysavingexpert.com/forumdisplay.php?f=136
or seek advice - perhaps phone National Debtline as 1st point of call?

Hope they will be sympathetic and able to help

Kindest wishes

Bubblewrap_2

Thanks for that I will move it across now!!

Also Ive spoken to national debtline and CAB but they dont know about the Jersey debt, maybe I need to ring them again and ask them who the best person would be to speak to about it!

Thanks

melbell

you cant ask for such advice here

DevCoder

I live in Jersey.

You can go "en desastre" in Jersey (effectively the same as bankruptcy)

A useful link

http://www.gov.je/SiteCollectionDocuments/Government%20and%20administration/ID%20BankruptcyGuide%2020110318%20BJL.pdf