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should i file for bancruptcy Personal Bankruptcy

Discussion in 'Bankruptcy Law' started by duane_wilson, Aug 6, 2011.

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  1. duane_wilson

    duane_wilson Law Topic Starter New Member

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    Both me and my partner have debts totalling 10.000 including rent arrears, council tax arrears, catalogues and i have a private county court case against me which has now gone to a high court enforcment officer. We are both currently unemployed and cant afford to pay these debts. Is bancruptcy the only way for us? We have no assets and i hope to be in employment soon would that matter?

    Also what can bailiffs take? i have two small children and dont want them to lose there toys.
     
  2. disagreeable

    disagreeable Well-Known Member

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    !0,000 is not that much. I suggest you delay until you have a better perspective on your situation.
     
  3. Proserpina

    Proserpina Moderator

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    Are you familiar with UK bankruptcy laws, disagreeable?
     
  4. Betty3

    Betty3 Super Moderator

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    You can get quite a bit of information re bankruptcy in the UK by doing a google search.
     

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