A few Questions

littlegoldfishie

Hello,
My partner is really close to going bankrupt, just wondering the answer to these questions...
How much do you pay for the fees and at what point do you have to pay it? Can you just turn up at Court or do you have to make an appointment?
Thanks so much in advance

philnicandamy

before you decide anything...Your first port of call should be to contact one of the Debt Charities; see links below. Their services are free; they have no vested interest to serve; their advisors are professionally trained and the advice they give will be objective and in your best interests only. CCCS operate a system of telephone appointments that are designed to be flexible and don’t require you to attend an office based interview. At the CAB you will need to make an appointment with a specialist Financial Advisor; other advisors may not have the specialist knowledge you’ll need.
http://www.cccs.co.uk/
http://www.nationaldebtline.co.uk/
http://www.citizensadvice.org.uk/index.htm
If and only if you’re advised that bankruptcy is the most suitable solution to your financial problems then the guys & gals here will help any way they can.
For more specific advice and support, in an environment that is managed by people with first hand experience of bankruptcy, and moderated to ensure that no deliberately inflammatory or abusive posts are made then please visit:
http://bankruptcysupportersclub.co.uk/default.aspx


Fees are £310 (althought I think this may have risen to £350) for bankrupcy/insolvency service (the official receiver) and £140 court costs, if your classed as on a low income or receive benefits you may be entitled to a reduction in costs...usually you'd only have to pay the £310 as the court costs would be waived, this money is payable at the time of presenting your bankrupcy paperwork at court, dending on where you live most courts operate an appointment system some will just take you between certain times if you just turn up, best thing to do would be ring first to confirm (once you do go through with BR if you decide its for you then please contact any of the above helplines FIRST as the courts will ask if you have received any professional advice beforehand)

Have a look here for court addresses etc
http://www.hmcourts-service.gov.uk/HMCSCourtFinder/

littlegoldfishie

Thanks philnicandamy vbmenu_register("postmenu_5804419", true); for the top advice.
He has already gone through the CCCS and been advised to go BR , its just getting the minerals to go and actually do it. Fear of what will happen is bothering him (and me)
Thanks for your reply

PixiePie

I thought it was £335 for the OR and £150 Court costs (which can be waived if you are on benefits).

The CSSS/CAB/Natioal Debt line will know...

Conor_3

littlegoldfishie wrote: »

Hello,
My partner is really close to going bankrupt, just wondering the answer to these questions...
How much do you pay for the fees and at what point do you have to pay it? Can you just turn up at Court or do you have to make an appointment?
Thanks so much in advance

The fee is split into two.

1) Court fee. This is £150 and is waived if you have certain benefits or low income (need to fill in an income/expense form)

2) OR fee. This is £335 and is not waived. Some charities exist to help pay for this or people save up when they stop paying creditors.

You need to make an appointment. You go to the Court and ask for a "Debtors Petition for Bankruptcy" form and a date. They'll give you the next free date. You take the form home, fill it in, and take it plus the fees to the court on the date you were given for the appointment.

philnicandamy

PixiePie wrote: »

I thought it was £335 for the OR and £150 Court costs (which can be waived if you are on benefits).

The CSSS/CAB/Natioal Debt line will know...

your right pix..half asleep this morning...:D

tigerfeet2006

If you need help to fill the forms then just ask as there is lots of knowledgeble people on here who will help you with it.

There is a place where you can down load the forms off the web so you don't have to go into court to collect them. I can't remember the address but I am sure some one clever will be along soon and will post it for you.

............... Fermi? Rog? Riiiiiiiiichaaaaaaaaaard!!!!!

tigerfeet2006

:beer: Cheers BAAB and Fermi by default