Showing results for tags 'cai finance'.
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Hi all, My friend has recently had his home repossesed and the sale went through two weeks ago. Another friend saw an ad in the paper that CAI Finance have now applied to make my friend bankrupt and citing the address of the property that was repossesed. The only debt other than Inland Revenue is for a Halifax credit card he stopped paying around a year ago. He believes there is around £3k on this Can he be made involuntarily bankrupt for an unsecured debt and for such a small amount? This all seems very coincidental given that he will soon be receiving some money from the sale of his home Should we call CAI or their solicitor to ask for a copy of the petition? I don't think he's too keen on giving the address of where he is renting a room as he doesn't want any hassle to the landlady The date for the court proceedings is at the end of the month so we have a little time. Its just lucky it was spotted! Thanks in advance
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