I'm a low value homeowner with approx £20,000 in debts,most owed to my previous bank in the form of a loan,overdraft and credit cards,i work full time but am about to take a cut in pay and dont think i could afford to pay my debts as the monthly outgoings are more than my earnings,do i have any other options than bankruptcy to clear these debts as it seems my only way out? I dont trust these i.v.a's
The 3 main options are bankruptcy, an IVA or a debt management plan. I would suggest speaking to an expert (contact details in the experts section) and they will be able to talk you through your options.
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 and I'm now looking forward to getting married in September 2012 - I'm proof that you can go BR and come out the other side.
I'm a low value homeowner with approx £20,000 in debt
Posted - 03 February 2012 : 18:55:23
