Hi again Alex
They are asking for £3300. My latest situation is that I have now been declared bankrupt, but my head is still spinning with the stress of it all.
So just a few more queries.
The receiver has contacted me telephonically and has also set up a further date for another telephone interview.
I have told them how much I was paid out and who I paid back what monies to, they then asked for the names and addresses of these people, and I have given that to them.
My problem is that I cannot accurately account for about £11000 that was in my account, that I withdrew in cash over a period of time.
I have also helped my wife business to get on its feet, so that we may survive as a family.
The monies that I gave to her were withdrawn from my account and given to her in cash, that she deposited into her business account.
My first big question is that if I don't tell them that this money was given to my wife, are they able to ask to see her bank accounts regardless ?
I do understand that if I am unable to tell them to their satisfaction where all the monies went, that I could be held in contempt of court. What are the consequences of that ?
So as I asked above, would they have the right to look into my wife affairs ?
I only ask this, because it is critical for my families survival that her business is not affected.
Or do I tell them that I gave the money to her to pay for debts that her business had accrued starting up. Some were for vat, electricity and so on. She no longer has those funds, so would be unable to pay that back if asked, unless they let her pay it back over a period of time.
I do still feel obligated to pay my debts back and am confident that my wife will be in a position to help me do this. I would with her help be able to pay about £100 a week, so could pay everything back within three years.
Is this something that I could take to the bargaining table and is it something that they would normally entertain ?
I have no other assets to speak of, so its all about the monies that I ws paid out and I guess should have settled part of my debts, bit this was not doable, as we would have been destitute and on the streets.
I apologise for all the questions, but I have nowhere else to turn to.
Mike de Gouveia