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Hi all.

 

Was wondering if someone could give me some good advice.

 

Right, The plain fact is that i'm up to my ears in it and i need to go bankrupt but can't afford it.

 

I have heard that you can get creditors o bankrupt you but i'm not sure how. Can i do it through council tax arrears etc and if i can how do i do it.

 

Helpful advice much appreciated. Thanks

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Hello there.

 

How much do you owe in total?

How old is the debt?

Are you in mortgaged or rented accomodation?

Have you other assets?

 

Creditors do make people bankrupt - but only where it's likely that they'll be a return OR as a punitive measure in very slim circumstances.

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Hi and thanks for the reply. I'm around £20,000 in it upto now and some are around 2 years old. I'm in rented accommodation and don't really have any assets. So it's not looking likely they would do it then?

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