How much did you owe to go br

milothewestie

35000 give or take a grand mostly the taxman:j:j that suffered unfortunately would of gone for a lot more if i knew what i do now:D

jedi82

Morning all, £58k between me and OH. All on credit cards and loans. Was absolutely awful when realised the extent and that we couldn't pay it back.

Jedi x

nuttyp

Mine was 42k, stupid really. House repossession - thanks halifax!!!! and overuse of the credit card and aloan for a nice shiney car that wasnt that nice in the end...... And now i owe ziltch, have learnt my lesson the hard way.

OH went for about 20k was the mortgage and an overdraft to pay his BR fee!!

Once bitten twice shy here....... savings now in place and a nice shiney very used car is mine

Two4Tuesday

I went bankrupt owing £90K when my business collapsed and my wife filed for divorce. Up to that point we were making all of our payments and had never defaulted. We were still solvent as the house had enough equity to cover the debt. But as I had signed all the paperwork for the debts, my ex-wife washed her hands of it leaving me to deal with it alone.

As my half of the equity didn't cover the debt any more I was forced to go bankrupt. My ex-wife still blames me for somehow not finding the money out of 'thin air' so she can keep the house and possessions all to herself rather than deal with the trustee in bankruptcy.