bankruptcy : LUSENET : Repossession : One Thread

Can i be made bankrupt, by lenders solicitor? What is the process, Any web sites, legal notes i should be looking at?

-- Dino (, January 27, 2000


Yes you can - if you have enough money to make it worthwhile. Bankruptcy will ensure that about 15% of what you have goes to the Crown and allows yo to live a "comfortable" life (eg including holidays) so it doesn't get that much cash for lenders and is therefore not a preferred option. Unless you have plenty of cash.

The process is a bit beyond what we get involved with. Try

Good luck,


-- Lee (, January 28, 2000.

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