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how much for bankrupcy?
imanan
Posts: 23 Forumite
my daughter is a lone parent (no help at all from ex)she has debts of 8,000-12,ooo and gets only income support and child benefit,all the debts are in her name only,how much do you have to owe to go bankrupt?thanks.
** No links in signatures please - Edited by Abuse Controller **
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I don't think there's any minimum if she wants to petition for her own bankruptcy. And, on income support, she'll probably pay a much lower fee.
Does she own her own home or rent?
Read this for an outline of bankruptcy ... the process, the results etc.
Post back with any questions. She should think about a telephone appointment with National Debtline, CCCS, Payplan or CAB. Links on the bar above your messageWarning ..... I'm a peri-menopausal axe-wielding maniac
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thank you,dfc,ive sent her the details,she only rents her home from housing association,** No links in signatures please - Edited by Abuse Controller **0
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Then bankruptcy could give her a fresh start in life - sounds like she needs it.
Good luckWarning ..... I'm a peri-menopausal axe-wielding maniac0
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