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

Moderators: TalbotWoods, JaneClack

BySonic
#2255 hi

Was wondering if anyone could help. I'm sorry to ask silly questions but am a bit stuck with a couple of questions on bankruptcy forms and have no-where else to turn.

1 - petition
'lately residing at' -? Do you put your address in here?
'and carrying on business as'/and lateley carrying on business as' - what does this mean, do these only apply to business bankruptcies?
'My centre of main interests has been'/'K have had an establishment' -? what does this mean

2- statement of affairs

'date debt incurred' - ? debt has built up over time, so would you put the latest statement date or something here?

'When did you first have difficulty paying your debts? - ? Have been struggling for quite a while!)

Sorry this is so long, and many thanks to anyone who could help.
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By JaneClack
#2256 Hi there Sadnskint
1)Lately residing at is your home address.
If you are not self-employed there is no need to fill this in.
Your centre of main interests is where you live and work.
2)Put latest date in for credit cards and date loans first taken out
3)When you first started using one credit card to pay another or when you first had to default etc.

If you haven't filled in things exactly right, don't worry the court officers will look through it anyway.

Hope all goes well - it will :lol:
BySonic
#2257 Thanks, Sarah - your help is much appreciated.
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By JaneClack
#2258 No problem.

Good luck with your fresh start.