Best way to manage debt without going bankrupt

Rochdale_Guy

neverbefore2011 wrote: »

But, according to the thread title, the OP is looking for a way to get out of debt without going bankrupt!

Thank you.

immoral_angeluk

If you're really not wishing to consider bankruptcy, then that realistically leaves you with either an IVA or a DMP....

Have you spoken to one of the free debt advice charities?

Rochdale_Guy

Poosmate wrote: »

Kittie, with the exception of Wecandothis, I would seriously disregard the comments made by the others at this point. No disrespect people but you can't possibly suggest someone goes bankrupt or on a DMP given the information provided so far.

Poo

Why disregard my comments? She did say "without going bankrupt".

Maybe she wouldn't get accepted on Debt Management Plan owing that much, but to say disregard all but one of the posters comments is a bit harsh

And I owe £27,00 without owning any property or land

It just spirals onwards and upwards until you can't pay the minimum monthly repayments, and no, I didn't go on any lavish spending sprees or had a flash motor.

I don't have anything to show for my debts other than a rented council flat and a humble '04 plate Fiesta (that was second hand, I hasten to add)
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