personal bankruptcy, what will happen when someone become bankrupt?
admin | Mar 30, 2010 | Comments 3
H all one of my friend wants to apply for personal bankruptcy! she has about £25 000 debt to the banks, she is just worried and wants to know if after bankruptcy, they will place her picture on local newspaper and caution her tale or not! thought that’s embarrassing! anyone know the answer! by the way she has been in many different information sources but there wasn’t anything about this one, so that’s why we chose to post it here! thank you all
Popularity: 1% [?]
Filed Under: Bankruptcy
Contact local Lawyer and apply for Insolvency, one filed and become insolvent no deceased will touch you ever.
I don’t know if they place your pics in a paper over there, But in our county they place the names and dates and addresses, b/c it is public minutes. But Its only a 1 time thing, so if she’s lucky people won’t read that section for the day. But it will effect her credit. As far as her applying for a home loan, credit car, new phone. anything they run her credit for it will come up that she declared bankruptcy. Excellent luck to her.
They don’t place a picture in there but there will be a notice in the local newspaper, the London Gazette and on the internet at http://www.insolvency.gov.uk