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Hi,

I sold my house(mortgage) a month ago to my son at the market value and settled some of my loans but still have about 25000 pounds loan(recent loans during the last 2 and half years) .I lost my job last year, following a motor accident, was on job seekers allowance, no other income, no assets, now in overseas to live with my mother for some time. Am I eligible to go for bankruptcy?

Looking forward to your advice.

Regards

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