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bankruptcy and debt relief question
milothewestie
Posts: 423 Forumite
HI AL
Father in law is (67) was bankrupt 6 years ago november coming and mother (73) about the same time did a debt relief order,,
they have got themselves in a bit of a mess again and fallen into the vanquis trap owing quite a large amount with all the interest they put on with late payments etc,,
mum is not the best with heart problems and they live on a small pension and are paying amounts they cannot afford
question is can they do a debt relief order or bankruptcy and is there any time limits between them,,i know they shouldn't have borrowed again but its happened so looking for a remedy for this they are not living with paying debts
Father in law is (67) was bankrupt 6 years ago november coming and mother (73) about the same time did a debt relief order,,
they have got themselves in a bit of a mess again and fallen into the vanquis trap owing quite a large amount with all the interest they put on with late payments etc,,
mum is not the best with heart problems and they live on a small pension and are paying amounts they cannot afford
question is can they do a debt relief order or bankruptcy and is there any time limits between them,,i know they shouldn't have borrowed again but its happened so looking for a remedy for this they are not living with paying debts
0
Comments
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thanks in advance all replies!!!!!0
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No time limits/restrictions on bankruptcy, but you can only have another DRO once it has been 6 years or more since the start of a previous one.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0 -
thanks fermi:):)0
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