Sell or bankrupcy? all advice welcome!

CLAPTON

how much is the house worth
how much the mortgage
and how much is each secured loan
and how much the unsecured debt being paid via CCCS

toplass5

Cannot Find The Soa??

toplass5

House Is Worth £170,00
Mortgage Is £139,00
Secured Loan £49,000
Secured Loan £10,000
Cccs Are Taking Care Of £12,000 Credit Card Debt All Frozen

My Car Is A Company Car. The Main Cost For Me And The Cats Is Their Food And Cat Litter, Which Cost For Them About £17.00 Per Week.
Prescriptions Are For Stop Smoking Patches At The Price Of A Prescription
Yep Can Get Rid Of Sky No Problem

toplass5

Oh And Gas This Includes Arrears That I Am Paying Off

toplass5

Although My Car Ia A Company Car I Cannot Claim To And From Work, But Yes I Do Need It For My Job.

tomterm8

toplass5 wrote: »

No I Have No Children, Hi Tom. No Bank Charges As Far As I Know Credit Cards Are Frozen And Taken Care Of Through The Dmp = Cccs

In that case, what is the difference between the rental value of the house and the cost of renting a single room in your area?

toplass5

Sorry Phone, I Need A Phone Line For Internet Connection But Cannot Claim Through Work It Is Either That Or Paying More Money To Go Back And Forth To Office. I Have A Mobile But It Is A Pas As You Go And Only Use For Incoming Only.

toplass5

Rental For Houses Are Approximately £500-£600 Per Month, I Have Checked. I Know I Can Rent A Room For £80 Without Having To Declare, But Because I Live In The Sticks You Need A Vehicle And Every One That I Know Either Lives In The City At Alot More Money But Don't Have A Car, And You Need One To Live Here!

toplass5

What A Situation I Have Got Myself Into!

okra

Could you take in a lodger or two? The first 4k or so of money made through lodgers is tax free.

Ooops, posts crossed. Might still be worth advertising. I rented a room for a couple of years and would have been happy to be out in the sticks. I paid £260/month for a tiny box room in Hampshire, and that was about 10 years ago. You never know...