Question: Do you lose your home if bankrupt Answer: If there is equity in the property or you show you cannot afford to maintain the property, then yes, you can lose it if bankrupt. In bankruptcy the court/Receiver will look at any assets you have to see if they can be liquidated to be paid [...]
Question: Me and my partner have managed to get ourselves in to £75k of debt it started 2 years ago when he broke his leg and was off work for 6 month. Since this our debt got worse and worse we took out loans to pay of credit cards, then his hours got cut and [...]
Belt-tightening vital in survival of car sector Liverpool Daily Post, UK - 35 minutes ago At the weekend, it emerged that General Motors, by its own admission, is on the brink of bankruptcy and has called for US state aid to keep it going. … View post: Belt-tightening vital in survival of car sector – Liverpool Daily [...]
Fresh fears over Vauxhall jobs at Ellesmere Port LDPBusiness, UK - 2 hours ago GM chairman and chief executive officer Rick Wagoner said the firm would “take every action” possible to avoid bankruptcy . Continue here: Fresh fears over Vauxhall jobs at Ellesmere Port – LDPBusiness
Question: I had to go bankrupt in dec08, i was discharged with no problems in june09. I am now trying to re build my life and save to have a place of my own as i lost my home to my ex husband. Am …
Insolvencies up as downturn continues Which?, UK - 3 hours ago The Insolvency Service says 28471 people went into bankruptcy or entered into an individual voluntary arrangement (Iva) in the quarter ended 31 December … Continue here: Insolvencies up as downturn continues – Which?
Brown’s debt-driven escape route will cost us all dear Sunday Herald, UK - 2 hours ago It is a pyramid scam which will collapse eventually into mass collective bankruptcy . The UK housing market has itself been a kind of Ponzi scheme, … More: Brown’s debt-driven escape route will cost us all dear – Sunday Herald