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Tuesday, 08 December 2009 02:54

Petition of bankruptcy

Question: There is a petition of bankruptcy waiting to be served upon me.I am unaware of exactly to what it refers to,as the petitioner is a company whose name I have never heard of,though I am as ...
Credit Card Debt: Consumers Maxed Out but Debt Relief Is Out There Earthtimes (press release) While many consumers believe they are familiar with bankruptcy , many do not have an understanding of the harmful repercussions of a bankruptcy filing. ... Bankruptcy and Loyalty Myvesta all 6 news articles »
Published in Bankruptcy News
Tuesday, 14 July 2009 04:22

Credit Card Debt

Question: If someone knows they are heading for bankruptcy what is to stop them withdrawing as much as possible in cash from credit cards prior to being declared bankrupt?Answer: There may be not ...
Saturday, 21 March 2009 05:57

Club Treasurership

Question: Can a declared bankrupt be the Honorary Treasurer of a club whose account can run into thousands of pounds?Answer: That would be for the Official Receiver to decide, however I doubt it ...
Question: Hi There, My husband has substantial debts due to a failed business and is considering bankruptcy. Our own property is currently in negative equity but his ex-wife's home has substantial ...

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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.

 

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