|
|
| *Ostroff, Fair and Company>>>Personal Finance |
My friend is so down - she needs to go bankrupt - advice please? |
My friend is so down - she needs to go bankrupt - advice please? Advice on what depression or bankruptcy? liquidate all assets to pay the debts/payables. If in Uk get her to go to citizens advice bureau - they provide advice about debt/going bankrupt etc. try iva - it is not bankruptcy but you get a personal adviser to negotiate with your debtors, sort out comfortable repayments, and in some cases write some of the debt off. Persuade your friend to do it, she will sigh a massive sigh of relief when someone is actually sorting it for her. My friend has done this is she is over 拢100k in debt - 50% was written off and in five years the whole process is over and she will be debt free. But she must tell the truth and reveal all her finances, debts etc - if they dont have the whole picture they cant help. www.iva.debtadvisoronline.co.u... Hi. This site Gives you FREE advice on Bankruptcy: http://bestukloans.co.nr Tell your friend not to be down, if she has a problem hit it head on and deal with it . There are various options an iva, debt management plan, or bankrupcy. Note all of these options will damage your credit , but at this point who wants it anyway. A lot depends on the level of debt, her disposable income (what is left after her living expenses) does she own property or rent, does she have a regular income. Look at iva info.org and read the forum it answers lots of questions on all aspects and is very friendly should you want to post, also is very supportive when you are down about it all. If she wants to take advice dont ring the so called iva factories on the telly look at iva.com where there are reviews of all the insolvency firms and practioners so you can choose one near to you and also see how they are performing. The ones that do the most are not necessarily the best as they have a huge turnover. It is a personal thing debt and should be dealt with personally and these large firms have too many to give this kind of service . Tell your friend she will be ok and if dealt with she will soon be feeling better there is always light at the end of the tunnel if you look for it. Just to add bankrupcy is not the scary thing it used to be so if it is suggested as a solution tell her not to worry. Be informed get the info first. All the best I have heard a lot of negative comments and very few positive, about the below mentioned company beware of any company which asks for upfront payments. An iva should take no more than 6 to 12 weeks to arrange , some companys take upfront payments, take ages to arrange the iva and then if it is declined by the creditors do not return the money. |
| Tags |
| Small Business Renting & Real Estate Personal Finance Investing Insurance |
Finance Categories--Copyright/IP Policy--Contact Webmaster |