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T O P I C R E V I E W
e364
Posted - 21 October 2008 : 17:42:11 shall i go iva or bankrupt, i oew a secured loan £40k and three visas total of £6000 and vodafone £1000. iam in full time employment. iam one month in arrears on my mortgage my wife left me and with all the bills if i sell my house all my problems would be solved but due to the current climate it hasnt even had one viewing yet.
2 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 21 October 2008 : 20:51:05 Hi e364.
Sorry to hear about your situation. It certainy sounds tough but I am sure that with a strategy you can get through the current difficulty.
It would be useful to have a little more information to be abe to help & advise you.
The unsecured side of things doesn't sound too bad but clearly the repayments of the mortgage are going to be large if there is a mortgage and secured loan.
What is the house worth ( realistically ) and how much do you owe on the mortgage & secured loan ( please list redemption penalties separately )
thanks
Paul Johns Assisted Bankruptcy Specialists Reviva UK www.revivauk.com
Needafriend
Posted - 21 October 2008 : 18:11:22 Hi E364 and welcome
May i suggest that you call the helpline and get some proper one to one advice. The number is 0800 078 9367.
They will then be able to go through the options with you in more depth.
Best of luck
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:
