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T O P I C R E V I E W
Alan.45
Posted - 06 February 2011 : 11:41:40 i have just under £15000 debt on credit cards and just over £6000 in mybank & saves. i have now retired and recieve £220 in pensions which is my only income. if i went bankrupt would they take all my money and leave me pennyless or do they have to leave me with some savings to live on and pay the bills
2 L A T E S T R E P L I E S (Newest First)
RHB
Posted - 06 February 2011 : 17:15:53 Is that 220 weekly?
Put down everything that you spend, heating, food, petrol etc & see what you have left over. You may be able to offer this sum in a DMP & the creditors may freeze the interest.
Housing
Posted - 06 February 2011 : 13:36:58 Hi
From what you have described, BR may not be the best or most appropriate solution - £15K is not a lot of debt.
Why not link to one of the experts to get some soundings or make contact with your local CAB
