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 myself and my husband have debts around 21000

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T O P I C    R E V I E W
whisky16 Posted - 10 May 2009 : 20:22:58
myself and my husband have debts around 21000 some are joint we are currently with a debt management (PAYPLAN) paying £175.00 a month but finding it a struggle keeping up with the rent and other household bills and considering bankruptcy there is only my income as my husband was laid off work in september 09 I get around £170 a week wage and 99-00 a week child tax credit and 279 a month working tax credit also 130 child benefit every 4 weeks for the children we have ages 16+14 , can we both go bankrupt and do you have to pay the fees upfront
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Suzanne Posted - 11 May 2009 : 10:14:05
Hi

If he can show he gets job seekers allowance or any other income related financial help from the state, this would also allow him a reduction in fees. If you need to know for sure you could give the court a call and speak to the bankruptcy clerk who would be able to give you more information.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
whisky16 Posted - 10 May 2009 : 21:51:52
He does'nt get any benefits either
shazzles Posted - 10 May 2009 : 21:38:07
Hi Whisky and welcome!
It sounds like bankruptcy could be a good option for you. One of the experts im sure will advise further.
You would have to pay bankruptcy fees upfront. Currently it is £510 each but as your husband is not working you might get a reduction for his fees.

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