Bankruptcy Information Centre

Articles categorised as "Ask a Question"

Can Our House Be Sold If My Spouse Goes Bankrupt?

Question: Seperated from my wife over year ago, her business paid for via extra mortgage on our house, when we split i agreed to take on mortgage / keep house rather than sell / try for loans etc. Her business now bust and she is going bankcrupt, I’ve no knowledge of debts etc or signed [...]

Will I Lose My Student Grant If Bankrupt?

Question: I am considering bankruptcy and my only income is a student grant and loan. May any of this be treated as too much income and be taken off me? I get 300 grant £300 loan a month to live off will they take any off me? Answer: From what you have stated, no, this [...]

Will The Courts Contact My Landlord In Bankruptcy?

Question: I am going bankrupt an the house im living now i owe 4mths rent which i plan to include in the bankrupcy, i need to move to a bigger house should i move befoe i go bankrupt will this be better or will the courts contact the new landlord anyway? Answer: The issue is [...]

Where Can I Find Out If Someone Is Bankrupt?

Question: Were can I get a list of bankupt directors? Answer: You can search the insolvency register at the government’s insolvency web site. It will not show if someone is a Director or not, but if they have been bankrupt. Regards, Jon

Can We Move To The Isle Of Man If Bankrupt?

Question: I am currently filing for Bankrupcy, would this have an effect for us if we wanted to relocate in the Isle of Man, either from restrictions or Isle of Man restrictions, Thank you. Answer: There are no travel restrictions whilst bankrupt and to our knowledge no issues with moving to the Isle of Man [...]

Should I Go Bankrupt Or Try An IVA?

Question: I am looking at bankrupcy or an IVA. i earn 27k a year. rent a house, and have no real assets. i am in around 30k of debt and I am struggling to pay my debts and live. my wife earns around £400 a week. i have looked into an iva and it seems [...]