UK Bankruptcy Law

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Related UK Bankruptcy Law Questions
I have an inhibition (2) on my property due to debt
I have an inhibition (2) on my property due to debt problems, as a result I am considering bankruptcy, but as part of a divorce action I am looking to have the property sold, yet have been told this c… read more
JGM
JGM
Solicitor
Bachelor's Degree
6,616 satisfied customers
I entered into an IVA on 30/10/2008 which was successfully
I entered into an IVA on 30/10/2008 which was successfully completed on 18/05/2010. One of the secured creditors - Birmingham Midshires repossessed a property and sold it for a loss on 06/10/2009 real… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
63 satisfied customers
I am a creditor in a bankruptcy case, and I would like to
I am a creditor in a bankruptcy case, and I would like to know if I can still claim for the debts owed to me after the person has been discharged from the bankruptcy and if so how do I do this. The pe… read more
Stuart J
Stuart J
Solicitor
78 satisfied customers
I am director of a small company which is fine, no profit but
I am director of a small company which is fine, no profit but gives me a wage and no debt, but have just had a £50K demand from hmrc for capital gains tax from when I had t0 sell several houses becaus… read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
Hello, I have a bankruptcy court hearing next week where I
Hello, I have a bankruptcy court hearing next week where I will probably, 99% be made bankrupt. I have a small portfolio of properties that I am just about keeping up the mortgages on and are probable… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
How would I start to challenge a bank whose going after me
How would I start to challenge a bank whose going after me for bankruptcy through a pg where I disagree with the amount because I believe the properties that the bank repossessed and sold where sold u… read more
Buachaill
Buachaill
Barrister
Master's Degree
22 satisfied customers
I was bankrupted in June 2006. My wife bought my share of
I was bankrupted in June 2006. My wife bought my share of equity in our home, a large 3 bedroom semi detached from court appointed liquidator aprox Aug 2006. I was discharged from bankruptcy in June 2… read more
Buachaill
Buachaill
Barrister
Master's Degree
22 satisfied customers
Good morning! i have a secured loan and i am still owing £155000.The
Good morning! i have a secured loan and i am still owing £155000.The monthly repayments were £3600. I told them i can only afford £1000 for the next 12 months.They are proposing for me to pay £1800 fo… read more
Joshua
Joshua
Lawyer
LL.B (Hons), Prof. Dip. Law & Pract
63 satisfied customers
whilst going bankcrupt will my mortgage arrears be wiped clean?
whilst going bankcrupt will my mortgage arrears be wiped clean? or will this be classed as a secured debt and something that will have to be paid back regardless.… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
To set the scene, my partner and i were declared bankrupt in November 2011. The house we
To set the scene, my partner and i were declared bankrupt in November 2011. The house we owned was not part of the bankruptcy as it is in negative equity. in the meantime the mortgage lender has start… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
My problem relates to the two questions you answered on 10th
My problem relates to the two questions you(Joshua) answered on 10th and 20th August. I would like to sell my buy to let property to my wife. However, if I do this before 1st January 2012 I will face … read more
Alex J.
Alex J.
Solicitor
LLB
62 satisfied customers
Good Evening My credit rating has been shot to pieces through
Good Evening My credit rating has been shot to pieces through some mal investments i made and a porfolio of rental properties which I had repossessed in 2009 during the unwinding of the property Marke… read more
UK-Justice
UK-Justice
Master's Degree
11,008 satisfied customers
Hi! Me again with another question. My partners bankruptcy
Hi! Me again with another question. My partner's bankruptcy period has ended. We are planning on getting married next month. We are still considering adding his house to the bankruptcy, I guess it wou… read more
F E Smith
F E Smith
Bachelor's Degree
7,929 satisfied customers
Hi, My wife and I were made bankrupt in October last year.
Hi, My wife and I were made bankrupt in October last year. we continued to make payments on the mortgage until last month but with a 1 year old son money is very tight and we were struggling to surviv… read more
Max Lowry
Max Lowry
Advocate
Bachelor
1,457 satisfied customers
I married at 16 am now 56 and I am being taken to court for mortgage areas from my first
I married at 16 am now 56 and I am being taken to court for mortgage areas from my first marriage nearly 20 years ago, My ex-husband instigated the mortgage then I signed a piece of paper that said li… read more
Senior Partner
Senior Partner
Bachelor's Degree
4,582 satisfied customers
Our son and his wife are in the process of getting a divorce.
Our son and his wife are in the process of getting a divorce. They are heavily in debt and their house has a repossession order on it. The mortgage interest is being paid (she is now on benefits) - bu… read more
F E Smith
F E Smith
Bachelor's Degree
7,929 satisfied customers
I was sent a statutory demand after an unsatisfied ccj for
I was sent a statutory demand after an unsatisfied ccj for £2,300 (neighbour signed for the SD)though they did not actually need to send it due to the CCJ ) If they petition for bankruptcy must they s… read more
F E Smith
F E Smith
Bachelor's Degree
7,929 satisfied customers
My neighbour has been handed a stat demand for me dated 25/3
My neighbour has been handed by courier (she can't recall signing for it) a statutory demand for me dated 25/3/10 for £2,300 for a bank debt from july 2004 which i was paying a debt collection agency … read more
DR Lawyer
DR Lawyer
BA (HONS) Pgdl Pgdlp
2,318 satisfied customers

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Meet the Experts:

Max Lowry

Max Lowry

Advocate

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Alex J.

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Buachaill

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John Knox

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Ben Jones

Ben Jones

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Stuart J

Stuart J

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Joshua

Joshua

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LL.B (Hons), Higher Prof. Dip. Law & Practice

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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