considering bankruptcy need advice

nat10

Hi, i've spent ages reading through some of the info on the site but still don't know what to do.I'm 24 and live with my mum, over the past couple of years i have taken out loans and credit cards my debt has risen and the amount i owe is approx £45000 not including my car. I have tried to pay what i can afford monthly but am am struggling to repay them and i am missing payments to some of the creditors. I have considered taking out an IVA and going bankrupt but i just don't no what to do. plz help with some advice. Nat x

fermi

You really need to get professional advice as to your best option.

[SIZE=-1]Professional, free and impartial advice on debt problems can be obtained from several charitable organisations. They never make a penny from the advice they give, which means it will be given with only your best interests at heart.[/SIZE][SIZE=-1]

You can contact:
[/SIZE]

• [SIZE=-1] Your local CAB Office and ask to speak to a 'money advisor'.[/SIZE]
• [SIZE=-1]The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 [/SIZE]
• [SIZE=-1]National Debtline - Tel: 0808 808 4000 [/SIZE]
• [SIZE=-1]Payplan - Tel: 0800 917 7823.[/SIZE]

Once you have done that we can help with the practical aspects of bankruptcy if that is your decided option.

I cannot stress how important it is to get this professional advice. Should you opt for bankruptcy the judge will require you have sought it before they will grant the order in court.