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 i am currently on income support with 4 children. What help can I receive to go bankrupt?
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Diana.06
Starting Member



1 Posts

Posted - 30 November 2012 :  22:19:07  Show Profile  Visit Diana.06's Homepage  Reply with Quote
i am currently on income support with 4 children youngest being 1yrs old. i am currently seeking medical advice for depression due to debts and was looking into bankruptcy but am not able to raise the cash to do so, what help can i recieve

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 30 November 2012 :  22:34:43  Show Profile  Reply with Quote
Hi and welcome to the forum.

How much are your debts? If they are below £15k and you have no assets and no disposable income over £50 per month then a Debt Relief Order might be ok for you. This costs £90.

Have a chat with either the CAB or one of the experts on here - the advice is free,
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Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 30 November 2012 :  23:15:24  Show Profile  Reply with Quote
Hi Diana,

As Niobe has said, depending on your situation, you may qualify for a debt relief order. Please speak to an expert to see if bankruptcy is your best option, if it is, you may be elligible for funding to help with the court fees.



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
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