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quickfix
Starting Member

United Kingdom
3 Posts

Posted - 12 September 2011 :  13:39:26  Show Profile
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

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 12 September 2011 :  17:23:50  Show Profile
This is a duplicate post




Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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Niobe
Administrator



United Kingdom
4590 Posts

Posted - 13 September 2011 :  16:48:22  Show Profile
As it is a duplicate, I'll lock it.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
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