www.iva.co.uk

i am looking for yet again more advice on what to do or at least the 1st steps into going for br. me & my wife are obviously worried & not sure how to get this started. she has been there before but i dont think it was direct to do with her it was her x husband. now the questions are how to get started, what to do with bank accounts as we have now opened up joint account with co.op. if we started not to pay the mortgage & other bills except of course gas electric etc? what would happen. also if you cant find the money for br what do you do as the reason in the 1st place for br is no money so how can they expect you to find almost £1000 & i beleive that you cant do joint br. you may not know the answers to all of this but i guess i just need assurance.

I take that you will be giving up your house if you are talking about not paying the mortgage?

If so, then your BR fees can come from that, or from payments that you don't make to other creditors.

Your Co-op account will be fine. Once you are BR and any debts from other accounts are included, then the other banks will close the accounts.

Check with your court as well to see if it is just a walk in on the day bankruptcy, or whether or not you need to make an appointment.

You can fill the forms in here:

http://www.insolvency.gov.uk/

and you can save them online. Any problems with them we can help you.

thanks kallis3 helpfull as usual. yeh that would be the 1st step in stopping the mortgage payment. but what happens if the court for what ever reason don't accept the application? or is there not such a thing. i also take it there is no such thing as joint b.r would that have to be seperate?

It is unlikely that you will be turned down. You have taken advice about your problems and this is really your only way out. I don't know whether you can do joint BR or not, hopefully someone else will come on and advise on that