
steffi
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Yes. You will get a NT (no tax) code number for a while, the debt going to the insolvency. If you are due a PAYE tax repayment for another year, it will go to the Official Receiver, not to you. I daresay the Official Receiver will control how much of your wage you receive, would imagine you will only get pocket money, and all cost of living expenses be included with debt. |
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felixthecat
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Yes, you can...Call an attorney. |
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IJToomer
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Yes |
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dutch950
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Yes, it's called living outside of your means (aka taking on more debt than you can afford) If you spend more than you make you will eventually end up in the red |
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jangarr9708
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yes u can but the catch is you can only have a certain amount of assets.
One of the catches is you can't own a car that is over 5000 dollars |
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Mr Pfeiffer
 |
If your outgoing costs exceed your income then eventually yes |
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Dimmy
|
Sure. I have had a couple of people I know do exactly that! Both cases were (now ex) spouses messing up all their finances and it was the only thing (so they say) left to do... |
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chris at hornchurch
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yes but not always a good idea seek advise. |
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old know all
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Yes. Bankruptcy excludes you from many professions so you may find that suddenly you are no longer in full time employment. |
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the killer
 |
yes.... any1 can. |
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♪ La La La Not Listening ♪
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Yes of course you can. |
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pink xxx
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yes you can. your employer will be notified of your bankruptcy. If you work with money that may be a concern for them. good luck |
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Monica C
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My brother is currently going thru that and yes you can.
you dont have to call attorney or what so ever. U can simply go for it. |
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ander LFC
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yes why not....try it |
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Allan M
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yes if you spend a lot more than wat your earning |
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evie
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Yes, but you dont want to do that if you can avoid it. Check which debts you can get cancelled, such as credit cards or personal loans taken out before 1 April 2007. Then go to www.bdebtfree.info and get their help. You may owe a lot less than you think. |
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the d
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sure, as long as you mke like less than 27,000 per year or soemthing like that and have less than 125,000 in equity in real estate, then yes. |
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Bo P
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er, if you spend more than you earn and owe a lot of course man. |
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Jennifer
|
mabye |
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jackthlad3009
 |
Dont think you can |
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