If you need help with debt, and you paper support decide that you do not want an IVA or to do debt management, you need to consider bankruptcy. This is a quick guide to what you need to do.
In order to declare yourself bankrupt, you must be insolvent. That means that your liabilities must be greater than your assets and/or you cannot pay your debts as and when they fall due. The legislation says that you must owe more than £750. This was set back in 1986, and so is out of date. Everybody who goes bankrupt owes many times this amount.
If you are insolvent, you next need to ascertain which is your local bankruptcy court. Not every court in the UK has bankruptcy jurisdiction. You can get the information on which court you need to apply to from the Courts Service at your local court.
When you have decided on your local court, you need to get hold of a bankruptcy pack. You can down load these on line. Alternatively call your local court and they should send you a pack or you can collect the pack from them.
Your pack will contain, a Petition, and a statement of affairs, plus a guide to filling the forms in.
Your petition contains questions about your name and address and whether you have been bankrupt before. It is only two pages long.
The statement of affairs is a much bigger affair, being 35 pages long. It requires detailed answers to questions about assets and liabilities, income and expenditure. You can get help from various professionals with the completion of this document.
You need to take three copies of both documents to court.
Before you simply turn up at court check the procedure as some courts like Leicester have a two day process and others like Stockport and Burton on Trent have a waiting list which may be up to two months.
The cost is £510 for those who get no help with fees being a court fee of £150 and an Official receivers deposit of £360.
At the court you need to file your papers and the court staff will check your documents and take your money. You may or may not have to see the Judge.
Again each court has a different hearing process. In Leicester the District Judges often do not wish to see you. In Coventry the Judges always want to see each person.
The District Judge makes an order and you are then bankrupt for one year.
If you need help filling in your papers, please seek professional help. Some companies will even walk you through the whole bankruptcy process.
I’m writing this article to teach you about time management and students and, in particular, why your spouse needs to help with laundry. The reason I’m writing this article is because I’ve found that some people have trouble with this area of their home time management.
Perhaps you’re the type of person who struggles with this and, if so, in this article I’m going to show you why you need to change this area of your life and, furthermore, how doing so can be beneficial to both you and your spouse.
First, I want to point out that before you began college every minute of every day was spent doing something. Now, you’re going to have to make room in what was an already full life for those things that life as a college student requires: attending classes (whether online or in a brick-and-mortar building), reading those expensive textbooks, studying for exams, reading and/or conducting research, writing papers, and working on those dreadful group projects.
One of the easiest ways to make time for some of the above-mentioned tasks is to delegate some of those which do not need to be completed by you to someone else. That brings us back to the topic of this article which is why your spouse needs to help with laundry. In all honesty, it would probably be harder for you to give up how you like having this chore done than it would be for your spouse to learn how to do it to an acceptable level.
With all that in mind, I’m going to give you 2 reasons why it would be beneficial to you for your spouse to help and then 2 reasons why it would be beneficial to your spouse to be helpful.
Why Your Spouse Needs to Help With Laundry for YOUR Benefit
- There is absolutely no reason why everything should be on you. This is particularly true for a nontraditional student. By taking some of the load off of your shoulders and onto their own, they will help you free up time that can then be used for reading, studying, or writing papers.
- By relinquishing this task in the short-term you may be allowing for the development of a behavior that will last much longer than your education. In other words, the helpful behavior will become ingrained so that you’ll still have help 20 years from now.
Why Your Spouse Needs to Help With Laundry for HIS Benefit
- Whether they would admit it or not-and regardless if they are even conscious of it or not-men like to be helpful. It’s in their genes. They love to be appreciated. So, while they are… by necessity… helping with laundry in the short-term, they may become addicted to that appreciation you show them (be sure to do so) and turn out to be even more helpful in the long-term in more areas.
- At the risk of sounding somewhat sexist here, I’m going to venture to say that this chore is something that men need to know how to do. In addition to being helpful it may lead to a sense of accomplishment.