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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 Mr.E.Guest[/i] [br]Hi All, We have looked at our situation closely and BR appears to be the only option for us - £3500 going out each month and only £2000 coming in - please don't think we've been living it up - we have just poured money into a business that hasn't worked and accrued debt that is now out of control which in the current retail environment shows no sign of improvement. To make things worse our mortgage is now going up by 35% and despite trying to negotiate a deal the provider rather make us a repossession case - so we will do a volantary hand over(only 3K equity left anyhow) If we file for BR in November we have from now until then to find a rental house (so we can avoid bad credit references for the landlord)- also we can set our utilities up etc such as internet / phone so I can continue to run our business ( no longer limited but sole trader). Anyhow - to my question - if in the meantime we make provisions for the things we have been holding off on such as new tyres, a replacement exhaust etc for the car and put these on our credit cards will the OR look upon our spending as irresponsible or will it be considered as day to day neccassary expentiture? Ta Tim [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.