question category: Debt Companies

how can you declare youself bankrupt when your unemployed


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Bankrupt when your unemployed

It's the same as when you're employed. Here's a link that you'll find useful:

Hope this helps and everything works out for you.

 

Re: how can you declare youself bankrupt when your unemployed

It is difficult because there is a fee. You do get a discount for being unemployed but it's still quite high. You may not need to go bankrupt, your creditors can only get what you can afford after all you regular outgoings.

 

Re: how can you declare youself bankrupt when your unemployed

There are apparantly a few sources of help with the fees in bankruptcy - which have recently risen to £360 for the deposit and £150 for the court fee (which will be waived if you are on benefits). Try contacting your water company for help.

If you have no luck there click on my name and email me at the Debt Advice Foundation. There are other options such as the Debt Relief Order and Administrations Orders which may be more appropriate.

 

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