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 HI, i have been on a DMP and considering bankruptcy
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emily50
Starting Member



1 Posts

Posted - 17 March 2010 :  18:24:34  Show Profile  Visit emily50's Homepage  Reply with Quote
HI, i have been on a DMP for some time now and i am considering bankruptcy, although i have no savings or assets at all. i am in rented accomodation with my partner. i pay the majority of the rent, as when we moved in i had no money for a deposit therefore we agreed i would pay the majority of the rent. my question is: when i apply, will i need to prove this agreement? i only have a bank statement for the account from which the rent is taken. apart from the tv licence, nothing else comes from this account and it clearly shows that i have paid the majority for the rent consistantly for the time we have lived here. Im concerned that i will be forced to tell my partner he has to reconsider the arrangment, as he is already paying back for borrowing the deposit? i hope this makes sense and im very grateful for your time.

Melanie.n
forum expert



United Kingdom
1282 Posts

Posted - 18 March 2010 :  10:01:02  Show Profile  Reply with Quote
What is your level of debt? if under £15k you may be better off looking at a Debt Relief Order

Melanie Nicholas
29 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
email me at melanienicholas@jonesgiles.co.uk
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