I have been made bankcrupt but i want fight it.

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acc

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Post by acc » Sun Apr 15, 2007 5:50 pm
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My debt is only about £23.000. and with 5 creditors. I can afford to pay this money but for the past 15months, I was consumed with the health of my dad,who passed away on the 20th feb 2007. How can I avoid bankruptcy. I have been made bankcrupt but i want fight it.
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MelanieGiles

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Post by MelanieGiles » Sun Apr 15, 2007 7:01 pm
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Hi acc. So sorry to hear about your daddy - I have been there and it is really painful.

What disposable income do you have available to repay creditors on a monthly basis? If you have a realistic figure - say at least £150 per month, ask the Official Receiver to proposa a fast-track IVA for you. These are quite rare, but entirely possible.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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Skippy

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Post by Skippy » Sun Apr 15, 2007 7:15 pm
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Hi acc, I can't offer you any advice (other than to listen to Melanie), but I just wanted to say that I am sorry about your dad. I lost my dad 8 years ago after a long illness, and I know how much it hurts. Good luck for the future x

Onwards and upwards!!!

View my blog at http://skippy13.blogs.iva.co.uk/
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Sopty

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Post by Sopty » Sun Apr 15, 2007 7:28 pm
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Hi acc,
I too know what its like to lose a close family member, it takes over your world and nothing else seems important at the time. As for you situation, there are some very knowledgeable people, like Melanie, who post on this site, and I am sure with their advice, you will be able to get something sorted.
Good luck


Cheers, Mark.

View my IVA story blog at: http://sopty.blogs.iva.co.uk
Cheers, Mark.

IVA accepted, so 3 down, 57 months to go!!

My one bit of advice, if I can do it, so can you!
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freelili

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Post by freelili » Sun Apr 15, 2007 7:33 pm
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I have just lost my mom, she died unexpectedly at Christmas, I am still struggling with it, but hang in there I am sure the sun will shine again for you.

LILY

I asked God for a solution and have to live with his reply.
LILY

http://freelili.blogs.iva.co.uk

I asked God for an answer, I have to live with his reply.
Exsisto an angelus quod planto quispiam sentio melior.
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