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T O P I C R E V I E W
Ellie.11
Posted - 30 March 2011 : 22:41:48 I live with my parents, Im expecting my first child and am in about £700 worth of debt that I am unable to pay, I am currently in the process of claiming income support and dont have any spare money to pay my debt, is it worth declaring bankruptcy. I am only 20 years old
3 L A T E S T R E P L I E S (Newest First)
Niobe
Posted - 31 March 2011 : 17:04:24 Or possibly come to an arrangement with the creditor(s) to pay it off over a period of time.
Double, double toil and trouble; Fire burn, and cauldron bubble.
Jan xx
debtinfo
Posted - 31 March 2011 : 07:11:52 or an administration order
Niobe
Posted - 30 March 2011 : 23:01:59 Hi and welcome to the forum.
You won't be able to do bankruptcy for that amount, but you could possibly do a Debt Relief Order.
Could your parents help you out with this?
Double, double toil and trouble; Fire burn, and cauldron bubble.