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Hi All,
Hoping someone will be able to guide me on this.
Brief history:
Recieved a CCJ in default
Hearing to set aside failed
Applied to vary CCJ
Creditor still hasn't responded to court
Meanwhile After a Statutory Demand was issued Creitor now issued a Petition for Bankruptcy
My question is a friend has offered to loan me some money, not enough to pay the debt in full but enough to bring the debt to under the £5000 bankruptcy level.
Can I just pay this amount to the creditor and state this payment to the DJ at the hearing as a reason for the DJ to dismiss the Petition?
As always my sincere thanks for all the help I have recieved from this site and hoping someone with more knowledge than me will be able to answer this
Hoping someone will be able to guide me on this.
Brief history:
Recieved a CCJ in default
Hearing to set aside failed
Applied to vary CCJ
Creditor still hasn't responded to court
Meanwhile After a Statutory Demand was issued Creitor now issued a Petition for Bankruptcy
My question is a friend has offered to loan me some money, not enough to pay the debt in full but enough to bring the debt to under the £5000 bankruptcy level.
Can I just pay this amount to the creditor and state this payment to the DJ at the hearing as a reason for the DJ to dismiss the Petition?
As always my sincere thanks for all the help I have recieved from this site and hoping someone with more knowledge than me will be able to answer this
