Bankruptcy nuts and bolts of it?

Stevedeadly

hopper01609 said:

Stevedeadly said:

hopper01609 said:

I have paid half of the money for br and bricking it

How have you paid half? Why are you worried surely you should be relieved right

Just online you can pay as little as £5,but yea I should be relived 

You may as well save up yourself, as you can’t actually go bankrupt until you have enough funds, so why let them hold it 7ntil you have enough

luvchocolate

Stevedeadly said:

hopper01609 said:

Stevedeadly said:

hopper01609 said:

I have paid half of the money for br and bricking it

How have you paid half? Why are you worried surely you should be relieved right

Just online you can pay as little as £5,but yea I should be relived 

You may as well save up yourself, as you can’t actually go bankrupt until you have enough funds, so why let them hold it 7ntil you have enough

I think it's quite a good way...you're not tempted to dip into it. 
My relief didn't hit me until i was discharged so don't worry 

hopper01609

Yea it is a good way of not dipping in to it

Stevedeadly

Are there any other advantages to paying off the fee slowly?

what if bailiffs call, can you say you are in the process of bankruptcy?

hopper01609

Don’t let them in only ones I know that can enter are court baliffs

sourcrates

Stevedeadly said:

Are there any other advantages to paying off the fee slowly?

what if bailiffs call, can you say you are in the process of bankruptcy?

There is a long court process to go through before bailiffs can be instructed, and as i have posted on another thread today, you simply lock the door, they cannot enter private property unless through an unlocked door.

Also due to covid-19, no bailiff action (face to face) is currently due until August.

fatbelly

sourcrates said:

There is a long court process to go through before bailiffs can be instructed, and as i have posted on another thread today, you simply lock the door, they cannot enter private property unless through an unlocked door.

Also due to covid-19, no bailiff action (face to face) is currently due until August.

If we hit a second wave, that will be extended. It's 23 August as it stands.

I also saw that CIVEA are suggesting their members (the main bailiff organisations) give debtors 30 days notice of a first visit.

fatbelly

hopper01609 said:

Don’t let them in only ones I know that can enter are court baliffs

Ignoring HMRC field agents for a minute, a bailiff can only force entry on a first visit in connection with criminal fines (which does include tv licence fines) in the magistrates court

Stevedeadly

fatbelly said:

sourcrates said:

There is a long court process to go through before bailiffs can be instructed, and as i have posted on another thread today, you simply lock the door, they cannot enter private property unless through an unlocked door.

Also due to covid-19, no bailiff action (face to face) is currently due until August.

If we hit a second wave, that will be extended. It's 23 August as it stands.

I also saw that CIVEA are suggesting their members (the main bailiff organisations) give debtors 30 days notice of a first visit.

Second wave looks likely