debts still going up with cccs

craftynutters

Should my husband go bankrupt he has been paying to cccs for 2 years and his debts are larger now than when he started he owes over £5000 to the co-op bank and they have refused to accept the agreement so are still carging interest which is a lot more than we are paying them so the debt is rising faster than we are paying it off
He isn't working due to disability and we rent our house he has a car on motabitity so they cant touch that should we go bankrupt at least it will be over in the next 12 months

fermi

How much total debt does he have?

craftynutters

he has the coop one and a visa one of about £200 the catalogue has been payed off

fermi

Maybe a debt relief order may be worth considering?

Info here: http://forums.moneysavingexpert.com/showthread.html?t=2182173

craftynutters

thanks for the advice spoke to cccs and they agree that he'll be better with a debt releif order so they are sorting it out for us

fermi

craftynutters wrote: »

thanks for the advice spoke to cccs and they agree that he'll be better with a debt releif order so they are sorting it out for us

Glad you are getting something sorted.

craftynutters

now all i have to do is sort mine problem is I have a car worth £1350 and need it to get to college as i go 3 days a week and cant get there on the bus

tigerfeet2006

How much debt are you talking about?

Are you positive about how much the car is worth. Check Parkers guide online and see what it is at worst price.

craftynutters

that was the worst price it's held it's walue well was only worth 15000 this time last year
my debts are £3000 credit card £2000 catalogue and about £700 edf