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pmid72
Starting Member

United Kingdom
1 Posts

Posted - 30 September 2010 :  22:22:39  Show Profile  Reply with Quote
hi l am new member and totally confused if we are doing the right thing....my husband has to go bankrupt and my debts are being done another way debt order.
but all this is totally scary at moment!!
we were on a debt management but have struggled the last few months...was having payment lowered to 90 a month but was told it would take 36years to pay off....my husband will be retired before then, so this route is the only option we feel we can take.
having to collect 465 together before end of nov then other 600 by march. have been reading a few posts and so many terms being used like OR or weekly or monthly payments... sorry about all the questions but totally confused its only being 24 hours since our decision. any advice would be very gratful .x

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 30 September 2010 :  23:40:48  Show Profile  Reply with Quote
Hi
What is the 465 & 600 for? And where does the nov & march come from

Br costs 600 and a debtbrelief order is £100.



Paul Johns
Bankruptcy Specialists
Reviva UK
www.revivauk.com
08454 751 851

Real People ..... Real Debt Solutions
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 01 October 2010 :  09:06:16  Show Profile  Reply with Quote
Could the £465 be because one party is on benefits?

View my blog at http://skippy13.blogs.iva.co.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 28th June 2010 - it's over at last!
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