Alex Watts : Hello my name is ***** ***** I will help you with this. Please note that I am a working Solicitor and may be on and offline as I have to attend Court and meet with clients, even at weekends. As such you may not get an instant response when you reply, but rest assured I will be giving your question my immediate attention upon return You do not need to wait here as you will get an email when I reply.
Alex Watts : If you can discharge the debt and costs then you can apply to annul the bankrutcy.
Alex Watts : You can ask the court for an urgent hearing.
Alex Watts : If the bankruptcy is annulled then it will be set aside and you won't be made bankrupt.
Alex Watts : But if you are bankrupt you can't stop it being advertised.
Alex Watts : can I clarify anything for you about this today please?
I dont understand. This only happened in court this afternoon. What should be my next move. By monday I can borrow the money from family to pay the creditor and the receiver. Then are you saying for example on the same monday I can ask the court for an urgent hearing? what can I say to the judge to make him annul it.
Alex Watts : If you pay it and the costs it can be annulled.
Alex Watts : So if it is paid in full plus costs it can be set aside.
Alex Watts : Does that help?
thank you. this is the worst day of my life
Someone just told me I have to pay off all my creditors such as my mortgage, my business creditors everyone I owe money. is this true?
Alex Watts : No. If you discharge the bankruptcy petition debt then you can get it annulled.
Alex Watts : Does that clarify?
Customer: Yes thank you. I'm grateful I will start working on it tomorrow