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Ok know the rough date I'm going BR what next

Hiya, been down every avenue tried IVA, just finilising a few things and going to be ready to go Bankrupt end of June, what do i do next and long does it all take?????

Help much apreciated

Comments

  • allofadither
    allofadither Posts: 543 Forumite
    Hello and welcome,

    Firstly, I should ask if you've sought professional advice from the likes of CAB, CCCs or Payplan? Is there anything that can be done to reduce your IVA? These are the questions a Judge will most probably ask so you have to be seen to have sought the right advice.

    The insolvency website gives lots of info about the BR process, but if you have done all your homework and still feel BR is the only option then you need to fill in the relevant forms, (either on-line or they can be sent to you by post) find your nearest county court and book an appointment (sometimes there can be a waiting list), have your BR fees of £335 and your court fee of £150 unless you are exempt from the latter. At some point after the BR hearing you will be asked to have interview with an official receiver who will investigate your financial affairs.

    I'm not sure if this is the info your looking for, and if you are still unsure if BR is for you then please give us more info about your circumstances and we'll do our best to help.

    Dither
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    A first step might be reading through:

    Dealing with Debt - How to Petition for your own Bankruptcy

    at: http://www.insolvency.gov.uk/guidanceleaflets/dealingwithdebt/howtopetition.htm
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
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