Bankrupt

hev1696

Hi
I am going to have to go bankrupt after consulting with the C.A.B.

I have a debt of £10,000 to egg credit card and £1300 to argos card.
My husband died suddenly last september and that is why I am in this mess.

I have been reading through some of the threads and it doesn't seem quite so scary as I first thought.

The only thing is can anyone tell me if the court (when I file for bankruptsy ) send in the bailiff and if so what can they take. I dont have anything of any value and I am in a H.A. bungalow so I know I won't loose my home, just worried about the furniture.

Hev

fermi

hev1696 wrote: »

The only thing is can anyone tell me if the court (when I file for bankruptsy ) send in the bailiff and if so what can they take. I dont have anything of any value and I am in a H.A. bungalow so I know I won't loose my home, just worried about the furniture.

They don't send in bailiffs, and all your household goods should be safe.

The only assets in your home they they could possibly be interested in are items that would fetch a good price at auction, so unless you have expensive antiques or other items worth £1000's then you have nothing to be concerned about.

hev1696

Thanks for that

FeelingLow

i worried about the baliffs too but as Fermi said they dont send them in, sorry for the loss of your husband

TangledMemories_2

As if you didn't have enough to worry about hun. So sorry for your loss.
Keep posting on here...even when the BR is sorted. It's a great place for a shoulder to cry on or even someone just to say "I know how you feel"

You're not alone

tigerfeet2006

Just sending you some cyber hugs (((((hugs))))))). Sorry to hear about your situation. There is a tremendous lot of support on this forum so any thing you want to know about just ask.

hev1696

Thankyou everyone for your support it's nice to know there are people out there who care. I will keep you posted on what happens x x:A

tigerfeet2006

Any help you need with filling out the forms, doing your I&E or just general queries there is usually someone around who has had some experiance and will be able to help.

hev1696

I have got a pre paid gold mastercard do I have to tell the court about that and if I dont can they find out about it

G-G_4

I think you should mention the card, but unless you have a large amount of money on it then I don't see the problem. My OR told me that aslong as I tell the bank i'm bankrupt then that is fine with him, he said he is just interested in my financial affairs as such. Pre-Paid are credit check free, so you are fine to have one, you just might want to clear it out before bankruptcy and use any money as living expenses.

Sorry about your husband x

I went bankrupt in December and it honestly has been no-where near as bad as I thought. I filled in the forms online through the Insolvency website and printed them off for the court date. I didn't have to see the judge (although some do) and was all done within a couple of hours. Dealt by a lovely lady at the court who was very nice, as most storys on here say the courts are very nice to you.

2 months on, I can honestly say my life is so much easier...

best of luck with it, and as Tiger said, we are all here to help you with forms etc x

philnicandamy

hev1696 wrote: »

I have got a pre paid gold mastercard do I have to tell the court about that and if I dont can they find out about it

if its pre-pay one that you top up yourself you will be able to keep that as long as its not got a huuuge balance on it

really sorry to hear about your sad loss...really brings things into prospective...all I can say is you will get the BEST support from the guys and gals here no matter whats on your mind...just post & we'll help

Phil