Bankruptcy in Scotland, help
Options
John_paul_chris
Posts: 16 Forumite
Hi my partner is going to apply for bankruptcy in Scotland within the next few weeks, I have a few questions about the process, as far as i remember she would need to open a basic bank account (barclays) now, then contact national debtline, then pay the £200 to the account in bankruptcy , would this be correct, her outgoings outwat her incomings and she has no assetts is it a certainty to be accepted? thanks in advance
0
Comments
-
If she has no assets, she should look at Minimal Asset Process.
The fee for that is £90.0 -
Hi John paul chris
AdviceSought is right in saying that it's worth checking out the Minimal Asset Process (or MAP) bankruptcy.
If your partner has no assets, owes less than £17,000 and doesn't have enough non-benefit income to pay a contribution then its worth having a word with a money adviser to see if MAP is a possibility.
The link which sourcrates gave you on another thread also has lots of useful info.0
This discussion has been closed.
Categories
- All Categories
- 343.2K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.7K Spending & Discounts
- 235.3K Work, Benefits & Business
- 608.1K Mortgages, Homes & Bills
- 173.1K Life & Family
- 247.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards