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can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 6:44 am
by Marc Meakin
I qualify for an IVA (surely you've washed enough of your dirty washing on this forum I hear you ask) but I HAVE HEARD THAT THEY ARE SHIT.
Bankrupcy is supposed to be better but until I can get off my arse and go to the CAB I would welcome some advice.
Thanks

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 6:52 am
by Ben Hunter
Yes, an individual can declare himself bankrupt. How much debt are you in?

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 8:50 am
by David Williams
So, rather than go to the CAB, who know what they are talking about, you prefer the advice of a lot of people you don't know, with no expertise, many of whom wish you ill. And no, I won't be a guarantor for your loan.

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 1:04 pm
by Charlie Reams
Ben Hunter wrote:Yes, an individual can declare himself bankrupt.
Seconded.

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 2:42 pm
by Brian Moore
Charlie Reams wrote:
Ben Hunter wrote:Yes, an individual can declare himself bankrupt.
Seconded.
But not necessarily the best option, obviously depending on circumstances.

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 2:46 pm
by Marc Meakin
David Williams wrote:So, rather than go to the CAB, who know what they are talking about, you prefer the advice of a lot of people you don't know, with no expertise, many of whom wish you ill. And no, I won't be a guarantor for your loan.
I thought you all loved me lol.
David you are getting a reputation for being the wise owl of the forum

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 2:47 pm
by Marc Meakin
Ben Hunter wrote:Yes, an individual can declare himself bankrupt. How much debt are you in?
Just over 10 grand but all unsecured debts.

Re: can an individual declare himself bankrupt and how

Posted: Wed Dec 08, 2010 4:29 pm
by Ben Hunter
Become a prostitute.