Hi so - crates,
think I read somewhere bankruptcy only covers unsecured debts.
So would it not cover mortgage? But if u give back keys then what? Or is it better to be evicted?
Hi Bronte, back on here after few months trying to avoid reality. Have made up my mind now to do it. The two debts are for previous business I had before I had to close down. I don't think I gave personal guarantees, but I was a sole trader at the time not a limited company. Both of these are now registered judgment mortgages.
hi just read through all this thread, OP considering the amount of debt , if i was in your shoes, i would immediately stop paying all debts, mortgage etc and build up some cash , in order to get yourself started, and established in the uk.. then declare bankrupt....
Hi Newlife, I am in the same situation, probably about 9 months behind you. My plan is my kilds will start the next school year in the UK(no sure about the North or London, depends where I can get some work. I am going to start working on my COMI now, opening a bank account, social security number ect.
Yes, i have delayed my progress, due to ridiculous rationalizing and trying to make believe it would just go away, but its not.
Had a humiliating morning in court about a month ago, with all the local gossips and many previous Solicitors I used to do business, enjoy and revel in my embarrasment and tears when the Judge decided to give me a Court order to pay a monthly amount,
Steve, have you any idea what Newlife should do about the court ordered instalment order? Should she continue to pay for this until she leaves, maybe she should apply, once she ceases employment in Ireland, to have it changed to zero due to having no income? I'm aware you're in the UK, but Newlife is worried so as not to do anything wrong and get into trouble, as they Judges do occasionally jail people here if they don't follow court orders.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?