My reasons for bankruptcy, comments gratefully received

About_Time_3

[FONT=&quot]In October of 2005 my marriage broke down forcing me to leave the matrimonial home, The extra costs I incurred at the time, and since then, such as rental agency fees, deposits, council tax, furniture and fuel bills were mainly met by credit facilities, with the intention of clearing the debts from the proceeds of the matrimonial house sale. The house took much longer to sell than first expected, further increasing my reliance on credit facilities to meet my day to day living expenses, this was further exasperated by increases in interest rates and fuel bills. Due to the collapse in the housing market the house was sold in March 2008 for £242,500 rather than the £295,000 we first anticipated. My share of £32,642.76 from the proceeds left me with a shortfall making it impossible to clear my entire debts, still leaving me with substantial debts to pay. It is with deep regret a that after seeking advice from the CCCS and the National Debt line I find myself insolvent and unfortunately find myself petitioning for bankruptcy.[/FONT]

tomterm8

Yeah, I think that is fine... no need to go into great detail, the OR will ask about anything he/she needs to know. I didn't mean to imply earlier that I thought you were at risk of a BRO, only that I think the OR uses this section to seperate the wheat from the chaff.

About_Time_3

No worries Tomterm8, I know what you meant, thanks again for your advice :beer: