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DAS in scotland ?
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GOLFER
Posts: 386 Forumite
Afternoon
I am currently in about £50000 unsecured debt. Split between loans and credit cards. At the moment i cant make minimum payments and was I am about to apply for a Debt Arrangement Scheme.
However I am about to split up with my wife and need to move out ASAP. Hopefully when the house goes probably sometime next yeear there will be some equity to split between us. Maybe about £30000.00 each.
Should I postpone the DAS until the house gets sorted and just make token payments to my creditors and hopefully make F+F settlements when the house sells or should I go ahead with the DAS. Will it have the same affect ie credit file trashed and no mortgage or anything for 6 years. or would one be better then the other.
thanks
Golfer
I am currently in about £50000 unsecured debt. Split between loans and credit cards. At the moment i cant make minimum payments and was I am about to apply for a Debt Arrangement Scheme.
However I am about to split up with my wife and need to move out ASAP. Hopefully when the house goes probably sometime next yeear there will be some equity to split between us. Maybe about £30000.00 each.
Should I postpone the DAS until the house gets sorted and just make token payments to my creditors and hopefully make F+F settlements when the house sells or should I go ahead with the DAS. Will it have the same affect ie credit file trashed and no mortgage or anything for 6 years. or would one be better then the other.
thanks
Golfer
0
Comments
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BUMP
anyone ?0 -
Sorry, I don't know enough to answer your question, but CCCS might be able to help if you contact them.
Best of luck.0
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