Questions you have before making a decision to go Bankrupt and the Bankruptcy process

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Bykneedelp
#219114 just need to ask another please.i got letter from mercers today that looks like a default notice.neither me nor my husband have spoken to any of our creditors since deciding that we are definitely going br asap.will we have time to go br before we have any charges added onto the house?dont want to forewarn any of creditors,hence our ignoring of them.hoping we can get br in the next 6 to 8 weeks.any advice please?
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ByJaneClack
#219117 For a charge to be put on the house you will need to have had a county court judgment and defaulted on it - it is very unlikely that this will have happened in the next six to eight weeks. However, remember you do need to buy back the beneficial interest on the property - which I am sure you are aware of, if you are considering bankruptcy.
Bykneedelp
#219132 thankyou very much sarah for your help,its made things a lot clearer.i really appreciate it.
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