|
|
|
|
|
Bankruptcy: the disadvantages
Bankruptcy is a public affair; your name will be published both in your local newspaper and the London Gazette. · You will be required to pay any extra money that you have to the court, usually for three years. · Your credit rating is significantly damaged; the record of your bankruptcy will remain on your credit file for six years. · Debts to the Student Loans Company cannot be included, and they will remain after you have been discharged. · You will normally have to give up control of your house and assets apart from reasonable household items and cars worth less than £1500
| TV.iva.co.uk - IVA TV Forum: |
|
|
|
|
|
