How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Jamie-Law Your Own Question
Jamie-Law
Jamie-Law, Solicitor
Category: Law
Satisfied Customers: 7678
Experience:  Solicitor
96104960
Type Your Law Question Here...
Jamie-Law is online now

I am years old and have a debt of £49,000 and absolutely no

This answer was rated:

HI I am 69 years old and have a debt of £49,000 and absolutely no assets and only the state pension. Currently the debt is with a management company but I just cant keep going. How do i apply for bankrupcy. Can you help please

Hello my name is ***** ***** I will help you.

I am sorry to hear of your situation.

You can apply online at

https://www.gov.uk/bankruptcy

The good news is that once you are discharged in a year, you will be debt free.

Can I clarify anything for you about this today, please?

If not, I would appreciate a 5-star rating for my answer. If you need anything further I am available for a follow up at no extra cost.

Customer: replied 5 months ago.
Please can you clarify am I paying £38 per month to you?

It is a one off fee unless you have signed up for a subscription.

Does that clairfy?

Customer: replied 5 months ago.
Thank you. There is just one further complication I am considering a move to Spain will that make it impossible for me to go bankrupt?

I would go bankrupt in the uk. If you do it in Spain it may affect your credit rating there.

Does that clairfy?

Customer: replied 5 months ago.
If I do it here will they need my girlfriends financial details this has got nothing to do with her?

No. Just you. Nothing to do with anyone else.

Does that help?

Customer: replied 5 months ago.
Thats a great relief, please can you just give me an idea of the mechanics of it.
Customer: replied 5 months ago.
Or rather what is the process

It’s all online. It goes before a judge. You are make bankrupt.

The official receiver gets in touch. You fill out some paperwork, have an interview and that is it.

Does that assist?

Customer: replied 5 months ago.
Hi do you have any idea of how long it will take please

To become bankrupt less than a month. OR To contact you may be a while.

If you move away in the meantime that is fine as long as you let them know.

Does that help?

Jamie-Law and other Law Specialists are ready to help you