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Bankruptcy here I come.

Hi all

I've been lurking on the boards for a while and have found a lot of help on here. I have been struggling along attempting to pay my debts for several months now. After a meeting with a CAB advisor it appears bankruptcy is my best option:eek:

Its a very scary prospect but I guess its better than struggling as I am at the moment. I am going to cancel all my DD for my none priority debts on either monday or tuesday and start saving for the fees, so I'll be on here a fair bit asking for advice and whatnot during the process:rolleyes:

Comments

  • dojoman
    dojoman Posts: 12,027 Forumite
    Welcome to the site, and good luck with your BR.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    welcome and feel free to ask questions
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • epkk
    epkk Posts: 23 Forumite
    Hi all

    I've been lurking on the boards for a while and have found a lot of help on here. I have been struggling along attempting to pay my debts for several months now. After a meeting with a CAB advisor it appears bankruptcy is my best option:eek:

    Its a very scary prospect but I guess its better than struggling as I am at the moment. I am going to cancel all my DD for my none priority debts on either monday or tuesday and start saving for the fees, so I'll be on here a fair bit asking for advice and whatnot during the process:rolleyes:

    Join the club as im also going to apply for Bankruptcy soon. Good luck.
  • Its not as scary as you may think in fact mine was s stroll in the park
  • So_Sad_Angel
    So_Sad_Angel Posts: 7,363 Forumite
    ....so I'll be on here a fair bit asking for advice and whatnot during the process:rolleyes:

    Hi swimming & welcome.

    Ask away Hun....no matter how tough it is you will get support on here....now you have been advised that BR is the way forward get as much info as you can. Confidence comes from knowledge.

    Angiexx
  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Welcome IJKS! You'll find lost of help and support here. Glad you've been to CAB too!

    :j :j


  • Hi, we are in a similar position to you, and are now going the bankruptcy route, no doubt we will speak again!!
  • epkk
    epkk Posts: 23 Forumite
    Its not as scary as you may think in fact mine was s stroll in the park

    I hope mine is too :cheesy:
  • confused76
    confused76 Posts: 12,680 Forumite
    Part of the Furniture Combo Breaker
    hiya and welcome...i'm in the same boat, br date in less than a month...gulp! scary indeed but this message board is keeping me sane! good luck x
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