i am 22 and scared of going bankrupt i got myself in to a real mess of £12,000 and am on benefits as i am currently studing at college theroefore i only get £400 a month which i have to support a child off. is bankruptcy my only solution as baliffs are knocking my door now and can i get help with the cost of going bankrupt as i do not want to have to try to get a loan to cover this. please help!!!!
You need to get a plan in place to either deal with the debts via a debt management plan - where you may pay perhaps only a few pounds each month until the situation improves.
Alternatively you could look at Br. The costs for court are £495 - however you may well be entitled to an exemption for some of the fees due to your income. this would reduce the total fees to £345.
I would recommend you speak to someone first to identify what solutions are available and how you proceed from here.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
For a Free Impartial Review before taking the leap call me @ Reviva UK www.revivauk.com
First of all i wanted to welcome you to the forum, and although i cannot offer you any advice I wanted to say i know you are feeling desperate at the minute but please ignore the post by tenable emma, as they are obviously touting for business!!
If you feel like you need to speak with someone it may be better to speak to Paul Johns at Reviva or even the helpline number on this site.
Take care and keep posting
Jenny
xx
Onwards and Upwards is the way im going :-0)
From "Moneyworries" to "Movin On" in 3 months is fantastic :-))
i am 22 and scared of going bankrupt
Posted - 21 November 2008 : 21:43:00
