Re: Re: declaring bankruptcy

#97573

Anonymous
Participant

If you return to England just to do this your debt will probabley be discharged after 18 months ( 6 monthes plus 12 monthes) but under the 2002 European insolvency legislation and the 2004 Enterprise Act your debt can be recharged should a creditor find out and be bothered to action.

Best

Loco

PS:

Sorry to hear the mess you are in . From what you say you are clearly Bust and should act fast to avoid getting into deeper xxxx.

quote=”nige”]

My other realistic option is to return to England and do it there where the debt is discharged after one year.

Don´t think I´m trying to shirk any obligations or am happy about this course of action- I am not but I am essentially papped.

Do I have any other options. Any other thoughts?[/quote]