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Sell or bankrupcy? all advice welcome!
toplass5
Posts: 59 Forumite
I earn a decent amount of £2043.00 AFTER TAX, but fell into the trap of getting the secured debt around my kneck. I have £100 p/m to live on not including fuel, will i lose my house although there is negative equity?
do i declare bankrupcy or sell?
House Value £170,000.00
Mortgage £750.00
First secured loan £500.00
Second Secured Loan £165.00
Poll Tax £96.00
Dpm £90.00
Utilities £128.00
etc...............
It goes on & on ................... & 2 cats to feed...................currently not feeding myself!
do i declare bankrupcy or sell?
House Value £170,000.00
Mortgage £750.00
First secured loan £500.00
Second Secured Loan £165.00
Poll Tax £96.00
Dpm £90.00
Utilities £128.00
etc...............
It goes on & on ................... & 2 cats to feed...................currently not feeding myself!
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