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Bankruptcy

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  • speling bee
    replied
    Originally posted by BrilloPad View Post
    Ive had enough of BN66 and am desperate to terminate my liability. I hate my job and am thinking of giving it up anyway. Apparently bankruptcy will terminate my exposure to HMRC and my spousal maintenance. And my pension cannot be touched. I have no savings and almost no equity in the house - mrsbp2 wants a divorce anyway and would get the house as part of that.

    I have looked quite alot online and am thinking of going to see an insolvency practioner.

    I can live cash in hand for a year - I dont care for credit anyway.

    Are there any disadvantages? Any particular questions I should be asking an insolvency practioner?


    Do you work in sectors that frown on bankruptcy?

    Leave a comment:

  • BrilloPad
    started a topic Bankruptcy

    Bankruptcy

    Ive had enough of BN66 and am desperate to terminate my liability. I hate my job and am thinking of giving it up anyway. Apparently bankruptcy will terminate my exposure to HMRC and my spousal maintenance. And my pension cannot be touched. I have no savings and almost no equity in the house - mrsbp2 wants a divorce anyway and would get the house as part of that.

    I have looked quite alot online and am thinking of going to see an insolvency practioner.

    I can live cash in hand for a year - I dont care for credit anyway.

    Are there any disadvantages? Any particular questions I should be asking an insolvency practioner?
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