Hi, I have debts going back over 6 years totalling approximately £36K. I ran these up on credit cards and a personnal loan during a period in which i had lost my business and became dependant on alcohol. however these have just caught up with me as i have just got back on my feet. I have recently split from my second with and am living in rented accomadation. I have no assetts i dont even own a tv ! I am however in full time employment earning around £32K per year. I rent my home, i have 3 children all under the age of 9 to different people and are currently going through a reassessment through the CSA for one of the children. not sure which way to turn right now any advise would be greatly appreciated
Hankruptcy would certainly be an option. CSA arrears are not included in bankruptcy but if you pay maintenance for your children that will be allowed when totaling your expenditure for any IPA payments
Not sure which way to turn
Posted - 29 November 2010 : 20:49:55
