I owe over £1500 and have been unemplyed for the last 9 months or so. WOukld it be sensible to declare myself bankrupt as I am being chased constantly for money owed
If you have no disposable income over £50 per month and no assets then it might be an idea to try for a Debt Relief Order. This will cost you £90 and you would be debt free in twelve months.
You can own a car but it can't be worth more than £1000.
You could have a chat with the CAB or an expert on here for some free advice.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Always best to seek professional advice from an expert.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant