All

Thought this might help a few of you who are thinking of going Bankrupt.

Listed below is the sort of document you need to have sent to your lender via a Bankrupcy Practitioner, please do not try this on your own, the more professional people you use the better the chance of the lender accepting your offer.

Statement of accounts £ Assets Specifcally Pledged TBA

Assets Not Specifically Pledged

Personal Possessions Exempt Contributions from Income - 36 months @ £TBA £TBA ------- £TBA

Less Costs of realisation and insolvency

Official receivers fees £TBA Insolvency Services Account Fees @ 15% £TBA Trustees fees (est) £TBA Trustees disbursements (Advertising, bonding etc) £TBA Irrecoverable VAT £TBA

Estimated surplus available for perferential creditors £TBA

Preferential creditors £TBA

Surplus/(deficiency)as regards preferential creditors £TBA

Unsecured creditors

THIS WILL BE THE LENDER AND OTHER CREDITORS LISTED £TBA

Estimated deficiency as regards unsecured creditors £TBA

Estimated dividend to unsecured creditors £TBA

-- Gary (gary_maund@msn.com), December 06, 2004