Ok so how much would OR fees be and that would be on top of BR fees
Thanks again

Thanks for the info ok more questions. 1 - If a creditor petitions for my bankruptcy roughly how much will it cost them? 2 - As I have several creditors and one of them petitions for my bankruptcy does that one then have an advantage over the others or will each creditor get an even split of any ass...

So what is a statutory demand.

Hello all and thanks in advance for your help.
If a debt is sold on by a credit card company is it then the responsibilty of the new company to initiate CCJ proceedings - I assume that they have to follow this path or can they immediately apply for charging order or bankruptcy etc.
Many thanks

Just wondering - is there a website anywhere, or does anyone know how to find out which financial institutions are related to each other and therefore have right of offset between themselves

Many thanks

Well done
x

One more thing i cant remember if i mentioned - the accounts are operated in overdraft is that ok - sorry but seem to having real panic tonite

Ok many thanks - i am ok with my bank though as i have not missed any payments on my card as yet and am within my overdraft limit - thanks to all for your advice, I have gained a lot of strength from this forum and I will definately talk to an IP soon

Ok thanks again - but my question still remains can i operate my bank accounts until I decide which path to take or until I open another account.

No not as yet

I will get it right in a minute
"Until i decide what to do" then i take it that there is no problem with me continuing to operate my businees and personal accounts in overdraft even if the become swallowed up by dmp or iva at a later date

I meant "until i decide what" to do in previous message

Ok thanks - i am keeping you busy tonight - one final question - until i decide what then i take it that there is no problem with me continuing to operate my businees and personal accounts in overdraft even if the become swallowed up by dmp or iva at a later date

Ok thanks perhaps i am just having a panic - I still not sure which path to take - can i ask another question - If i enter a DMP do i have to include all creditors?
Can i negotiate individually with creditors too?

Ok but my point is I am still using the account for payments etc