Response to Bnakruptcy

Alan, I can't believe that you would contemplate making yourself bankrupt for the sake of £2,000. Assuming that you have very low income (because if you are doing ok you could easily settle this claim) then the worst that you should fear is the eventual settlement of this alleged debt by a lump sum negotiated amount of not more than 20% ie.£400. Before you get there however, you can put your lender to the trial of substantiating how they arrived at their total and obtain copies of documents which will allow you to decide whether or not they acted with integrity and competence in their dealings with you. Remember also that the more work you create for them with genuine requests for information and explanations, the less interesting it becomes for them to pursue a relatively small claim. Wish I only had £2k to worry about!

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