I have a debt with the bank. It's somewhere in the region of £2000 but i am not working. Every time i make a payment to them, the interest or charges are always more than my contribution. Is bankruptcy a good option. And, how likely is my case to get turned down?
What assets do you have if any. Do you have any other debts that may be able to be tied in if you do go BR.
Whats your I&E.
Sorry to be so personal but we need a bit more info so that we can offer better advice.
Have you looked at any other payment plan like DMP or an IVA?
Jo x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Jo's Links and added info on Bankruptcy! http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Is bankruptcy a good option ?
Posted - 14 November 2008 : 13:47:21
