Can they make him bankrupt?

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sandra840
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by sandra840 » Wed May 02, 2018 11:54 am
My sons iva company went into liquidation. New company took over and he still ows £4800. They want him to pay this at once or they r going to make him bankrupt and take his house. Can they do this..
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Foggy
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by Foggy » Wed May 02, 2018 12:04 pm
It depends on why they are threatening this, amongst other things. Has he kept up to date with all of his agreed payments? Has he been paying in any extra income ? Why are they asking for this lump sum payment ?
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kallis3
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by kallis3 » Wed May 02, 2018 12:13 pm
Was your IVA transferred to another company?
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