should i go bankrupt?

OhDear

You do need to get FREE advice! (numbers and links in my sig)

You're making lots of assumptions.

You may not loose your job or house!

In the immediate term I would recommend making £1 payments towards CCs and USLs and save the money you would have otherwise used for regular payments.

BUT don't delay contacting one or more of the debt charities.

HTH OD

Marlowvian

tigerfeet2006 wrote: »

Marlowvian there are dozens of people on here who have done it like that on here. The OR's tend to turn a blind eye with this. In the time I have been on this board no one has ever been in trouble for it.

Ok thanks for letting me know

maxamos

I'm not too sure about the losing job situation but the main way to raise money for BR is to stop paying your creditors for a few months and save the money there. It's important that you and your children have enough food and warmth first. After you stop paying you will start to get phone calls and letters which aren't very nice and can make you stressed but they will stop eventually after BR.

As advised above talk to CAB and the other debt charities about your circumstances especially regarding housing and benefits if you lose your home and job.

The most important thing is your's and your child's welfare.

Merry_Gentry

If the phone calls get too stressful, you can request a change of number from your supplier. But call one of the debt charities now :grouphug:

Jubbly1868

Please do call CAB etc...
There are so many benefits and options out there. Thousands of pounds everyyear go unclaimed. Your welfare, food and warmth has to come first. We stopped paying our creditors about 3mths ago and havent gone BR yet and the worst that happened was a particularly nasty letter from N.wide c.card company that upset me. We called the CAB and their manageress kindly rang them for me and explained the situation. No more nasty letters and despite the letter saying that someone would be arriving at my door to collect the monies owed, the guy on the phone told the CAB that it wasnt happening anyway!!!!

Good luck and keep in touch with the forum, it really is helping us...

Lisa

ttt2009

well ive lost my job as i worked for a bank and owed them money so when i offered them a pound the loan dept contacted my line manager as it was marked as a staff loan and i was dismissed straight away. i have enough money to pay gas elec water and phone this month but dont know whats gonna happen next month. best get packing i suppose! the queue for the cab is always at about an hour to 2 hours wait, not much fun with a 2 yr old, and they never answer the phone. im stumped.

Jubbly1868

ttt2009 wrote: »

well ive lost my job as i worked for a bank and owed them money so when i offered them a pound the loan dept contacted my line manager as it was marked as a staff loan and i was dismissed straight away. i have enough money to pay gas elec water and phone this month but dont know whats gonna happen next month. best get packing i suppose! the queue for the cab is always at about an hour to 2 hours wait, not much fun with a 2 yr old, and they never answer the phone. im stumped.

Im assuming you get to the CAB at 10am when they open? We filled in a form and had to wait a while but were told we could make an appt if we wanted. You dont have to go to your local CAB if you cant get seen there (as far as Im aware). Try some of the other free charities, in the signatures of the other members on here. They really are helpful.

Personally cant praise CAB enough but maybe Ive just been lucky. Keep trying with the helplines - There is so many people in trouble out there, they
must have contingencies for this sort of thing and so many of the peeps on this forum have been through similar things. Good luck xx

philnicandamy

as suggested if you cant get to the CAB try any of the FREE helplines below

Addicted2Chocolate

you might benefit from watching Bust tomorrow on BBC1, 10:35pm... and speaking to one of the free debt advice chairities.

ttt2009

how exactly do i go about making myself bankrupt? can i print the forms off online then just turn up to my local county court with them and the cash???