www.iva.co.uk

Hi

I have just been declared bankrupt yesterday at the High Court london, alas I was just ten min late for the case having travelled for four hours getting to court/room and so could not/did not get any advice as to whats next, just a number in london that I have been trying to get thru to all morning.
it was for 22k to revenue add banks & other bodies it will add to around 35k. I rent/lease my home have no savings etc have one vehicle thats road worthy and legal and one that is not (parked on drive) three children who are here for around half the week and am 1mile from the nearest rural bus route and five miles from nearest town. work is in the form of handyman working when can or requested.

can anyone give me a view as to what will happen next?
as I seem to be getting various info from parties who have no real experience

thanks

Hi David

Popped to say hello and welcome to the forum. I am sure you will get some advice soon. I dont feel knowledgable enough to answer your questions. It will help if you can post the value of your car and your disposable income. What you have left after paying normal living allowances. I am sure this wont be so easy as it will vary but thereabouts will do. Hopefully you will get some advice soon. I would think you will either get an appointment with the official receiver or a telephone interview. They will then go through your income and expenditure to determine if you will have to make any payments etc. Read skippy and scardekez's blog, they are both about their bankrupcy journeys, it may help a little.

All the best

Ang

Hi David, this has been answered on your other post!

Sorry didnt see it skippy.

Ang

No worries Ang - I just wanted to make sure that David saw both posts!