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A quick bit of advice about BR please...

boofinkle
boofinkle Posts: 8 Forumite
in Bankruptcy & living with it
If I take the step and decide to become bankrupt, should I stop paying my DMP now or carry on until I have a court date?

Just trying to think of the best way of going about it.

Thanks.
I cannot stress this enough-ball bearings you can eat? Masterpiece!-Tenth Doc;)

Comments

  • backontheup
    backontheup Posts: 288 Forumite
    Personally, I would stop paying it now so that you can save up the court fee's. Have you sought professional advice yet?
    DISCHARGED 12th December 2007:T

    BSC Member #91

    Proud to have dealt with my debts
  • boofinkle
    boofinkle Posts: 8 Forumite
    I have spoken to some people today about it and it looks like the only option left for us.

    I was trying to think of a way to pay the fees for BR because we would both have to become BR and thats alot of money in one go!

    Any ideas gratefully received.
    I cannot stress this enough-ball bearings you can eat? Masterpiece!-Tenth Doc;)
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Definatly stop paying the DMP and save the money for the BR. How much are you paying towards the DMP? Oh! and be aware that you might have to field some phonecalls from creditors for a while but it will be worth it in the end,
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • debt_doctor
    debt_doctor Posts: 4,595 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    HI,stop paying the DMP, and please see my post on 'Madeliene's, where do I start' on the bankruptcy board tonight
    Debt Doctor, Debt caseworker, Citizens' Advice Bureau .
    Impartial debt advice services: Citizens Advice Bureau Find your local CAB *** National Debtline - Tel: 0808 808 4000*** BSC No. 100 ***
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