Think BR is the only option??

Drummyj_2

I know I am extremely in debt with no way out, however I feel I can keep it going for a few more months. I have kept up to date with my payments and have no-one pestering me as yet. Should I wait until the wolves get a sniff of my dilemma or go for BR before the proverbal hits me in the eye?

Dunpayin

Hi Drummyj

Set up your new Bank account AFTER your BR hearing (unlike me). All accounts frozen after hearing, so I think it's simpler to just set one up afterwards. You may be able to negotiate with banks and OR to reopen one.

You can move your DD's to your new account. I paid all mine prior to BR so they were all covered for a month, to allow time for setting up new account.

Your utilities should be fine.

I am a newbie, so there will be plenty of others who know more.

Good luck