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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 rob57[/i] [br]Hi we have been dealing with a debt which has spiralled out of control over a period of about 9yrs, due to gaps in work and illness(I was self employed)We eventually went with CCCS who handled our case, but more problems reduced our income to a level which CCCS said was too low for them to be able to offer any money to our creditors. We have continued to pay a very small amount to the creditors ourselves but feel it can't go on, so are now considering bankruptcy but have a few concerns. We have debts of over £50K, live in rented accomodation in a rural area and have no assets other than 2 cars, valued at £2000 and £1000. First concern is that I will shortly be starting new employment which is 40miles away and so will need my car(£2000) and as we live in rural community my wife really needs her car as well, especially as she will be looking for a new full time job which will require her to travel at least 12miles.So will our cars be in danger of being taken? Also, my elderly Mother(90yrs) has an RBS deposit account (about£6000) which she has used to save money for her final expenses, but she wanted my name on it as well so I would have access to the money when the time comes. Will this be included in the equation if I declare bankruptcy? Thank you [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.