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I have a 3 grand overdraft

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Andrew.lm
Starting Member

1 Posts

Posted - 04 January 2013 : 07:29:21

I have a 3 grand overdraft, with a debt management agency of nearly 3k to pay monthly and paying off a credit card about 500 a month, can I still file for bankrupcy?

Niobe
Administrator

United Kingdom
4590 Posts

Posted - 04 January 2013 : 07:49:55

Hi and welcome,

Are both debts under the DMP? If you file for bankruptcy then you may still end up paying for three years dependent upon your disposable income.

I suggest you have a chat with an expert for some free advice.

Viki.W
forum expert

United Kingdom
2211 Posts

Posted - 04 January 2013 : 08:17:18

Hi Andrew,

How much is your total debt?

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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