Bankruptcy for £100 to help poorest

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mish1953

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Post by mish1953 » Wed Jan 02, 2008 10:55 pm
Bankruptcy for £100 to help poorest

You may need to cut & paste this rather then just clicking on it

http://www.theherald.co.uk/news/news/di ... oorest.php


The Scottish Government said it would allow so-called "Ninas" - people with no income and no assets - to declare themselves bankrupt for a fee of just £100.

The new "cheapie" bankruptcy will be available only to people who earn less than £220 a week, the equivalent of 40 hours on the minimum wage, and have less than £1000 in assets.

Remember folks - different rules in Scotland, different legal system, different type of government .

I really need a tartan avatar
Slainte
[:D]

Will an automatic discharge hurt.
Early Discharge is not an illness !
 
 

olympic_torch

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Post by olympic_torch » Wed Jan 02, 2008 11:01 pm
FREEDOMMMMMM[:D]

Aucto Splendore Resurgo.
(8 down, 52 to go)
Aucto Splendore Resurgo.
IVA accepted May 2007.
Extended by 12 months in lieu of equity March 2012.
F+F offer accepted May 2012.
C of C received August 2012.
IVA dropped off credit file 24th May 2013.
 
 

MelanieGiles

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Post by MelanieGiles » Wed Jan 02, 2008 11:03 pm
We've already got the same legislation, but it cannot yet be implemented. If you read your posting again, you will see that Scotland are not in a position to offer this yet, and we have now been in this situation down South for over 6 months!

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

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
 
 

mish1953

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Post by mish1953 » Wed Jan 02, 2008 11:08 pm
[8D]

Im glad that England will get it too -- fed up with being told that Scotland gets everything and England doesn't .

Betcha wee Eck (the Alex Salmond ) gets it pushed into law before the UK parliament [}:)]

Mish


Will an automatic discharge hurt.
Early Discharge is not an illness !
 
 

Beechy

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Post by Beechy » Sat Jan 05, 2008 5:48 pm
It will be interesting to see what happens to door step lending companies when this is finally introduced, seeing as a large marority of their clients tend to be in the catagory indicated as the qualification rules. Call me cynical but why has there been a delay

Dave Beech
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