For many people with serious debt issues, taking
steps to become bankrupt can be a liberating experience. No more
telephone calls night and day; no more worries about visits from
bailiffs coming to the door.
It takes a bit of planning and some available
cash, which may not be easy to come by, and you are on your way.
- Collect together copies documents relating to
all of your unsecured debts, such as credit card, store card and loan
statements;
- have to hand your bank details and account
numbers
- if you own a house retrieve your last mortgage
statement
- if you rent get out your rent book or tenancy
agreement
- if you own a small business as a sole trader or
a partner collect together all your paperwork
You should now have in piles before you everything
that you will need that you don’t know in your head to enable you to
complete the petition and statement of affairs.
Here is what you do next.
You can get a copy of the petition or statement of
affairs from http://www.insolvency.gov.uk/forms/forms.htm
or alternatively you can ask at your local court for a bankruptcy pack.
I also have forms available so feel free to contact me.
You need to find out of your local court has the
jurisdiction to hear bankruptcy matters. Call your court and ask to
speak to the bankruptcy clerk. Give them your postcode and they will
tell you which court you have to attend at and issue your petition
from. You may have to book an appointment. If this frightens you, I can
help this process if you wish to call me.
You now need to get you fee together. You will
need £510 in cash to pay the court fee and the Official Receiver’s
Deposit. If you qualify for a fee remission you will be asked to pay
£360 in cash.
Fill in your forms using the information you have
gathered together. It may take a few hours to do and so break the task
down into sections. Do some and come back later.
When it is completed you will need three copies of
each document.
Take your papers and fee to court on the appointed
day.
It should go without a hitch. Good luck
Article Source: http://
www.articlesbase.com/debt-consolidation-articles/how-to-go-
bankrupt-and-become-debt-free-1810319.html About the Author
Contact Steve Thatcher of Help With Debt (UK)
Limited a total debt solutions company. For all further reading see
http://www.helpwithdebtuk.com For personal contact email
sthatcher@helpwithdebtuk.com If you have any debt problem whatsover
either personal or corporate make Steve your first call all advice is
free. Finally if in the UK and you need a friend to speak to call
01162171406 Visit http://www.helpwithdebtuk.com | 