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 Is bankruptcy an option for me ?

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T O P I C    R E V I E W
Charlotte.9 Posted - 20 April 2011 : 13:26:35
Hello. I'm 21 years old and have been travelling for the past six months I have returned home with seven thousand pounds worth of debt to four different creditors. I have no assets and live with my parents, I have been looking for a job and have had no success. I need to make payments to my creditors however have no means of doing so. Is bankruptcy an option for me. Regards Charlotte Allen
2   L A T E S T    R E P L I E S    (Newest First)
Niobe Posted - 20 April 2011 : 16:44:49
Excellent advice from Viki - a DRO sounds like a very good idea - will cost you £90 and as long as you have no disposable income over £50 you could be ok and it will be over in 12 months.

Double, double toil and trouble;
Fire burn, and cauldron bubble.

Jan
xx
Viki.W Posted - 20 April 2011 : 16:40:42
Hi Charlotte,

You might qualify for the Debt Relief Order. I suggest you make an appointment at the local Citizens Advice Bureau to discuss your situation.



Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/

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