Can anybody please advise. I have credit cards with value of 20k, catalogue type for 5k. with a secured loan against my property it would leave negative equity (secured of 25k) Would it be advisable to put this all through a BR and let a repossession take place so all the debt goes into the BR and try find rented accomodation just before i apply for BR?. Then any potential shortfall will be included in the BR. i have a partner who wont be included on the BR and 3 children that live with me. Thanks for any help you can offer me, i am worried sick at what to do next.
Edited by - quickfix on 13 September 2011 06:46:33