question category: Bankruptcy

i have a credit card of my mums i have paid this for years can i include this in my bankrup
Submitted on: 19th Jul 2010 by Non-Member | Total Answers: 1

Answer this question

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Re: i have a credit card of my mums i have paid this for ...

You can only include debts in your bankruptcy for which you have a personal liability. If the credit card agreement is in your mothers name then she is liable for the debt and it could not be included. You would not be permitted to maintain payments to a debt that you were not legally required to pay at the same time as declaring that you were unable to meet your own credit commitments.

This question was answered by Debt Advice Foundation, an independent UK debt advice charity. If you're looking for an alternative to Bankruptcy, Debt Advice Foundation provides a free, confidential helpline and can advise you of all your options. Click here to find out more.

Submitted on: 28th Jul 2010 by Justine Member

0
 

Post new comment

The content of this field is kept private and will not be shown publicly.
Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.

Featured Debt Charity

“What we like most about the help the Debt Advice Foundation provide is it’s balanced and fast. You’ll get the right solution suggested confidentially in hours not days.” Debt Advice Foundation