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Soulgrowth

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Post by Soulgrowth » Sat Sep 29, 2007 8:15 am
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Is that true Lily? If my F&F doesn't satisfy my creditor who I suspect is going to pursue me even after the offer is made and accepted by all the other creditors (I will have an ongoing liability to him) my intention was to petition for my bankruptcy to clear the liability (lease). However from what you say it would be better to hang on in there for him to do it as it would likely cost him more? Or could he just keep putting a charge on my house? Not that there's very much equity left in it now!

Debbie

www.babynamings.co.uk

www.soulgrowth.co.uk
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lily

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Post by lily » Sat Sep 29, 2007 9:54 am
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Soulgrowth

Its true that creditors will pay thousands of pounds to file for your BR. They will only do so if there are thousands of pounds in your estate for them to nab.

I do not know about the charge orders though.

Good luck with the F and F.

lily
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Adam Davies

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Post by Adam Davies » Sat Sep 29, 2007 12:34 pm
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Hi soull growth
I would think that he will continue to put a charging order on your house as he has done that before.
I would petition your own bankruptcy so that you can move on.
regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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