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 I have debts in the region of £6000
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Rachel.spp
Starting Member



1 Posts

Posted - 15 January 2010 :  16:04:23  Show Profile  Visit Rachel.spp's Homepage  Reply with Quote
I have debts in the region of £6000 to multiple creditors. I am not currently employed, as I am a full-time mother. I own no property, but privately rent, with which I recieve help through Local Housing Allowance. My only income is £80 per month child benefit. One of my debts is for a payment plan for a television bought while I was living with my ex-partner. I no longer have the television, and cannot meet the payments on it. Due to failed payments, my credit rating is very very poor. Is bankruptcy an option for me?

Richard P
Senior Member



United Kingdom
1701 Posts

Posted - 15 January 2010 :  16:06:57  Show Profile  Reply with Quote
Hi Rachel

sorry to read your predicament

as your debts are under 15K it may be appropriate to apply for a debt relief order.

your local CAB should have access to an individual who will lead you through the process

regards Richard
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Richard P
Senior Member



United Kingdom
1701 Posts

Posted - 15 January 2010 :  16:11:02  Show Profile  Reply with Quote
Hi Again Rachel

sorry computer jumped before i finished

if you follow this link Carlo recently posted "I am an ex student", it follows the same rough enquiry as you have asked, it has some good links and info about debt relief orders.

http://www.bankruptcyhelp.org.uk/forum/topic.asp?whichpage=1&TOPIC_ID=9996#43536

Once you have looked at the link come back and post further questions, I and others will try to help

richard
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