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money to live on etc...
dg2007
Posts: 2 Newbie
What is considered enough to live on each month?
If I'm currently on a DMP will they look at that as being able to pay back my debt even if I have to ask my parents for money each month etc
I make £17,500 a year & have a debt of around £16,100.
With my DMP I have around £200 a month to live on which is hardly anything & I'd have to stop payments to afford the bankruptcy charges.
What do they actually take?
I have no house or car just A pc, TV dvd, CD's DVD's and clothes.
How easy is it to become bankrupt?
If I'm currently on a DMP will they look at that as being able to pay back my debt even if I have to ask my parents for money each month etc
I make £17,500 a year & have a debt of around £16,100.
With my DMP I have around £200 a month to live on which is hardly anything & I'd have to stop payments to afford the bankruptcy charges.
What do they actually take?
I have no house or car just A pc, TV dvd, CD's DVD's and clothes.
How easy is it to become bankrupt?
0
Comments
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welcome to the board,
ok first step is to contact one of the charity debt organisations ie https://www.cccs.co.uk
https://www.payplan.com
or your local CAB,
who is your DMP with?
you should have had a statement of affairs done when you entered into the DMP which should have left you enough to live on ,have your circumstances changed at all ?Official DFW NERD 189
I may be a woman but dont hold it against me:D
Officially declared Br 6/11/06
Discharged Br 4/5/07 (6 months to the day)
BCSC MEMBER 210 -
I am with Payplan. If I sorted out a lower monthly payment it would take years & years to pay off.0
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ok so have payplan advised you that bankruptcy is an option for you ?Official DFW NERD 189
I may be a woman but dont hold it against me:D
Officially declared Br 6/11/06
Discharged Br 4/5/07 (6 months to the day)
BCSC MEMBER 210 -
sorry for all the questions its just i like to make sure that people are not going into bankruptcy lightly its not just you ,i do it with everybody:DOfficial DFW NERD 189
I may be a woman but dont hold it against me:D
Officially declared Br 6/11/06
Discharged Br 4/5/07 (6 months to the day)
BCSC MEMBER 210
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