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Archives
Saturday, 12 January 2013 09:39
Can I Transfer A Car To A Family Member Prior To Going Bankrupt?
My dad bought me a car a few years ago, it was worth around £5,000. The logbook is in my name. Now I am needing to go bankrupt and don't want to lose the car, I have transferred the car back to my father, wil this be a problem in my bankruptcy?
Published in
Cars and Vehicles
Friday, 14 October 2011 08:37
Before Going Bankrupt I Am Going To Transfer My Property Will This Be A Problem?
I need to go bankrpt as I have been told this by a few people but I don't want my family to lose our home as it is paid for and worth a good amount. I am going to transfer the property to my wife prior to going bankrupt do you think this will be a problem?
Published in
Fraud
Thursday, 31 March 2011 19:15
Can My Father Sign His House Over Before Going Bankrupt?
Father has IVA. Agreed to sell house without mothers consent. Has now signed house over to myself, husband and mother for no profit.
Can father now go bankrupt even though has IVA. What are the consiquences of no longer being in posession of the house to sell to pay off debt.
Can father now go bankrupt even though has IVA. What are the consiquences of no longer being in posession of the house to sell to pay off debt.
Published in
Advice, Alternatives and Options
Friday, 11 February 2011 11:56
What Happens If I Am Not Truthful On My Bankruptcy Forms?
What if I am not totally truthful on my bankruptcy forms about some property I have, what can happen and how would they find out?
Published in
Fraud
Tuesday, 02 November 2010 16:20
Will My Wife's New House Be Looked At In My Bankruptcy?
Published in
Property UK
Wednesday, 25 August 2010 11:25
Should I Transfer My Car Before Going Bankrupt?
Published in
Cars and Vehicles
Friday, 18 June 2010 06:35
Can My Partner Sign Over Equity In The House To Me Before Going Bankrupt?
Published in
Property UK
Monday, 07 June 2010 10:42
Can The Receiver Reverse A Property Sale In My Bankruptcy?
Published in
Property UK
Sunday, 21 November 2010 11:30
Can I Have My Name Taken Off A Property Then Go Bankrupt?
Published in
Property UK
Thursday, 20 May 2010 06:44
What Happens If A Property Is Transferred To Me Prior To Someone Going Bankrupt?
Published in
Property UK
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If you have a serious debt problem, bankruptcy can free you from your debts within 12 months. As a solution for dealing with serious debt, bankruptcy is a last resort. Other debt solutions need to be explored first, to help determine if bankruptcy is the right debt solution for you.
Your financial affairs are put into the hands of an Official Receiver or Trustee, who will control all your assets - and if you own a property, this will also be included. These will be sold and the money used to pay as much as possible to your creditors.
There are consequences to bankruptcy which will affect your finances and work life. You may struggle to borrow money, for example, and will not be able to apply for certain jobs.
For some, bankruptcy is the right option and will put an end to pressure from creditors. Our team of experts are on hand to advise on the best solution to your debt problems - call now on 0800 002 9951.
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