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Possible Bankruptcy

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gibbi1
Posted by
Junior Member

25 Mar 08 #17639 by gibbi1

Topic started by gibbi1

If I am not successful in negotiating a suitable settlement at my FDR this week, due to the size of my unsecured debts (>£70K) and having no assets, I will have to consider going bankrupt. if I do, and this happens before a trial, will the Trustee in Bankruptcy "sit" in my place at the trial hearing ??

downbutnotout
Visitor

30 Mar 08 #18020 by downbutnotout

Reply from downbutnotout

Gibbi,

No - you will still attend the family court hearing as yourself. The family court hearings are not 'trials'.

If the bankruptcy takes place ahead of the FDR or final hearing then the family court will have to take that event into consideration.

jelly4toes
Platinum Member

12 Apr 08 #19364 by jelly4toes

Reply from jelly4toes

i am in a similar boat iwent b rupt 3 weeks ago fdr is at end of april.my sol told me fdr has to be adjourned until bankruptcy is over as the trustee in bankruptcy owns my estate even though i have nothing.dom you own a house subject to a mortgage if so it gets complicated.

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