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Bailiffs Archives - Page 2 of 2 - Bankruptcy UK

OUR TEAM ARE AVAILABLE NOW TO HELP WITH COMPLEX INSOLVENCY ISSUES

 

Will my debts go to my husband if I go bankrupt? We are separated …

No they will not default to your husband unless they were joint debts. Joint debts are taken out ‘jointly and severally’ which means both parties are responsible for the full amount of the debt (not half each). If the debts were taken out in your name only, they will definitely not go to your husband.

Feel free to call us on 01425 600129 or 07479 739139 / 07894 481175 with any further bankruptcy questions or for bankruptcy help.

Warrant of execution – will bankruptcy stop this?

I have a warrant of execution threatening Bailiff action to remove goods from my house will bankruptcy stop it?

Yes it will, as Bailiff activity is reported on the online bankruptcy application and the Official Receiver will be aware if it. Even so, you would need to take immediate action, as there is a delay between submitting the case online and it being dealt with by the OR. A warrant of execution usually arises when a monthly payment for a County Court Judgement has been missed and County Court sheriffs visit for collection.

If the warrant was for unpaid Council Tax following the issue of a Liability order by the Council, there is some doubt as to whether even a bankruptcy would stop the action. Bailiffs collecting Council Tax arrears are often allowed to continue collecting monthly payments during the 12 month bankruptcy period. However, we will do what we can to help with this.

Bankruptcy UK offers bankruptcy help across the board and will submit your application online. Court appearances for bankruptcy are no longer required. Feel free to call us on 01425 600129 for a chat about your circumstances.

Can I include rent arrears in my bankruptcy?

Yes, rent arrears may be included in a bankruptcy, but it might be inadvisable if you are still a tenant. In most cases, these would be rent arrears from a previous tenancy and you would be able to include any utilities / Council Tax arrears as well. Speaking of council tax, it is always smart to keep paying small amounts even if you are experiencing financial difficulties (or at least stay in touch with the council), anything to avoid receiving a Liability Order. Once you have this, it triggers Bailiff activity.

Bankruptcy UK offers bankruptcy help across the board and will submit your application online. Court appearances for bankruptcy are no longer required. Feel free to call us on 01425 600129 for a chat about your circumstances.

Loan and Credit problems

Loans that aren’t secured on your home (like a mortgage for example), overdrafts, credit cards and mail order agreements are often known as ‘non-priority’ debts. You generally have to deal with these debts by coming to an arrangement with the creditor to pay an amount you can afford.

If you can’t come to an affordable arrangement, the creditor may claim their money through the court. The court can then order you to make payments at a rate you can afford, after looking at your income and outgoings (expenses). As long as you can keep up with payments as ordered by the court, the creditor cannot take enforcement action – such as using bailiffs- against you.

 

 

Bankruptcy UK

Bankruptcy UK