All Forums  archive  bankruptcy postbag for august  difficult and very stressfull situation

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by john.g[/i] [br]Hi, my wife and I are in a difficult and very stressfull situation financially.Over a period of 24 months we have suffered four bereavements,one being a very young member of our family. Apart from the obvious sadness of our losses,these events caused us great problems financially.We had kept all our creditors informed of the situation from the onset but have now come to the end,we are getting phone calls non stop ,the arrogance of people such as Capital One,Barclaycard are unbearable. Our main Creditor is Black Horse,in my wifes name a debt of £16250,However this week she received a CCJ,with costs which increased the amount to £17,100.I also have an account with Black Horse,a motorcycle which I travel to and from work on.The total amount payable to Black horse being £507,00 per month for a total joint patment figure of £507 per month. We have asked Black horse since April this year to restructure our loans,they have totally ignored this request.On July 10th,I had the misfortune to collapse at home,was rushed into Hospital ander after many checks ,scans was informed I had "Viral Labrynthitus",a serious virus infection of the inner ear. I was discharged after six days ,sent home and have been signed off work for as long as it takes me to recover.I have been off now nearly 5 weeks and have been told I need another month off as this virus can take a long time to heal.I am receiving £43.20 ,per weel incapacity benefit,reduced from ,£63.00 per week as I receive a Fire Service pension of £500per month. We are struggling to survive,are contemplating going Bankrupt.We have an interest only Mortgage,a number of credit cards,our total joint debt is approx£33,000.One car is on hp,my motorcycle was purchased on a credit agreement and the house is in a negative equity situation. Do you feel that Bankrupcy is the answer for us? Finally ,the facts are ,a CCJ will run for six or more years,my wife is 54,I am 59,we feel that we don,t have much more to give,in fact I found my wife recently contemplating swallowing a bottle of tablets.If you could give us any advice we would be most gratefull Thank YOU John J.A.Goodwin [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.