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housewife

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Post by housewife » Fri Aug 10, 2007 11:01 am
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hi i am looking bk and was wondering if everyone you owe any money to has to be included in bk as i have a store credit of £500 to a shop owned by a friend and dont want them included,dont really understand how bk works , we only have around £89 left over a month do i have to pay this to anyone? tanks i have so many questions going through my head!!!

lisa siddons
lisa siddons
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MelanieGiles

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Post by MelanieGiles » Fri Aug 10, 2007 11:14 am
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Hi again

You must include all of your debts in your bankruptcy application. If you have only £89 left at the end of each month, it is unlikely that you will be required to make any voluntary contributions.

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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iva_squirrel

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Post by iva_squirrel » Fri Aug 10, 2007 12:00 pm
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Hi housewife,

Unfortunately you have to include that store card in your bankrupcty application. And as Melanie said it is unlikely that you will have to make any contributions.

Regards,
Michelle P.
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