| T O P I C R E V I E W |
| lizzieya |
Posted - 03 July 2009 : 11:12:59
I was in debt of around 20k when i found no outher option than to borrow from a loan company through shakespeare loans. Now because of that i owe more than 100k and have just lost my job and am thinking of applying for bancruptcy as i dont see anything getting any better for me in the near future.
My question is if i apply for bancruptcy will this help me. I know if you have a bank loan or credit cards it would, but i have debt with an credit company through shakespeare loans?
thank you |
| 5 L A T E S T R E P L I E S (Newest First) |
| gettingoutofdebt |
Posted - 04 July 2009 : 12:02:25
If it is unsecured then there isn't a problem including it in the BR and it will be written off.
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| lizzieya |
Posted - 04 July 2009 : 11:18:18
No unsecured with hefty intrest because of that
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| Jane.l |
Posted - 03 July 2009 : 13:40:18
is it a secured loan? |
| lizzieya |
Posted - 03 July 2009 : 12:57:56
thank you so much for your post, i feel so relived.
I got into so much debt trying to get out of debt in the first place and you always here of loan companies coming to your home and breaking things !
sounds daft i know, but its the sort of thing you see on tv isnt it.
Thank you again
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| gettingoutofdebt |
Posted - 03 July 2009 : 11:39:05
If you declare BR then ALL of your debts are written off so this would include this loan company as well. |
