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T O P I C    R E V I E W
ian.johnson42 Posted - 15 October 2008 : 14:17:38
I HAVE A COUPLE OF QUESTIONS REGARDING FILING BANKRUPTCY I HAVE DEBT AROUND £30.000 ALL IN MY NAME MY WIFE HAS DEBTS OF £11.000 ALL IN HER NAME BUT ALL THE DEBTS ARE PAYED OUT THRU WHAT I EARN ONLY AS MY WIFE HAS NO INCOME CAN YOU ADVISE US WHAT WE CAN DO WE HAVE ONLY SPARE £200 AT END OF EVERY MONTH AND WE HAVE A CAR VALUE £4500 WHAT I DEPEND ON TO GET AND FROM WORK WHAT IS AROUND 300MILES A WEEK ANY ADVICE BE SO GREATFULL
2   L A T E S T    R E P L I E S    (Newest First)
jwmc77 Posted - 16 October 2008 : 01:03:36
its not ideal i know but realisticly, if you want rid of the 11k as well then your wife may be aswell filing for br aswell, as itll cost you to sign them over to you.
the or wont accept these debts as yours so, youll be left br and your wife will still be left with 11k debt and i doubt very much that the or will be happy that YOU are paying for these (preferential treatment) also if you do have £200 left over the or is likely to want around half...the car also may be taken, although you may be able to claim a decent amount back??? (for a cheaper car)
as needafriend says...give them a ring, its never as bad as it seems.

MAC
Needafriend Posted - 15 October 2008 : 14:56:13
Hi Ian

This is one i think that needs a little bit of TLC and a more one to ne approach on the options that are available to you.

For that reason i would strongley suggest a call to our helpline, the call is free and they will be able to guide you.

That number is

0800 078 9367

Take care

Jo x

Please visit my blog for info on how I got here and other information to guide you through from my experience called:

"Needafriends Links and added info on Bankruptcy!" available to view at:

http://debtfreejo.blogs.bankruptcyhelp.org.uk/

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