dark light

How much do you have to owe to go Bankrupt

Hi

Can anyone tell me the minimum you have to owe before you can go Bankrupt ? Not that I’m in cash trouble or anything its just out of interest.

Member for:

19 years 1 month

Posts:

4,978

Send private message

By: EN830 - 26th November 2003 at 13:34

There’s not limit, it’s judged on you ability to pay your creditors.

You cold go bankrupt if you owed £1.00 and were unable to pay it.

Debt is not a bad thing, being able to keep up the payments is when problem start to happen.

Member for:

19 years 1 month

Posts:

7,610

Send private message

By: Mark9 - 25th November 2003 at 18:50

Well If you lot cannot think then god help you? SAD 😮 😮 Anna:eek: 😀

Member for:

19 years 1 month

Posts:

240

Send private message

By: Kat - 25th November 2003 at 16:14

Re: How much do you have to owe to go Bankrupt

Originally posted by andrewman
…just out of interest.

Ha! A financial joke? 😀

Sign in to post a reply