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 Quite a lot of my debts is for holidays

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T O P I C    R E V I E W
Julie.20 Posted - 07 May 2010 : 00:09:09
Quite a lot of my debts is for holidays over the last 5-10 years.Will that be a problem.I am a single Mum and do not spend anything on recreation.I just wanted to take my sons away sometimes.I have learnt my lesson now and will not live beyond my means in the future.It was the depressed...spend...depressed scenario
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freedomfinder Posted - 07 May 2010 : 15:14:01
Was mostly over 18 months ago so probably OK.Thanks

The OR will not be too concerned about what you spent on holidays a few years ago - if you spent a lot on holidays in the past few months whilst knowing you couldn't repayy them it may be an issue, but it would depend on the individual circumstances

Good Luck



Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.
[/quote]
Bridgewood Posted - 07 May 2010 : 09:32:27
Hi Julie

The OR will not be too concerned about what you spent on holidays a few years ago - if you spent a lot on holidays in the past few months whilst knowing you couldn't repayy them it may be an issue, but it would depend on the individual circumstances

Good Luck



Bridgewood specialise in helping people deal with their debts and make the most of their financial situation - providing free, no obligation debt advice.

We can also setup a complete range of solutions including debt management plans, IVA and bankruptcy support.

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