Bankruptcy problem

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Post by luci » Sat Nov 17, 2018 2:48 pm
I have house worth of 310000.00 the mortgage is 150000.00 one of creditors is making me bankruptcy on 21st of this month.can any body help me to come out of this problem


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Post by kallis3 » Sat Nov 17, 2018 2:55 pm
I suggest you speak to an IP or a solicitor asap. How much are your debts?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
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Post by Foggy » Sat Nov 17, 2018 3:24 pm
It is possible that an IP could get the BR petition delayed while you explore an IVA --- the outcome would then depend on the creditor involved accepting the IVA rather than BR if they have the voting power to refuse an IVA. But -- you are leaving things very late so I would be talking to an IP asap.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014

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Post by Lisa Thomas » Wed Nov 21, 2018 12:17 pm
Did you take advice from an IP or a Solicitor? Did you manage to get the BKY hearing adjourned?
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: ... Z5k9ZcC2MA 01752 786800
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