I've just had appointment with the CCCS

susiepink

I've just gone thru my budget with a lovely lady from the CCCS, total left for creditors each month = £109, amount I actually owe creditors = £43,000!!! So she's suggested bankruptcy.

I've explained my concern to her about my old living circumstances (ie no tenancy agreement and the huge fear the guy I rented the flat with is going to get thrown in prison for not paying tax on the rent he used to charge me!!). She called the Insolvency Line (who I've spoken to a million times and get different info each time) and came back to me saying that I'm looking into things too much and that the OR will only really be interested in me unless I'd just filtered £15,000 into someone's account! She also said that I'd found out too much and to stop thinking so much as when she's checked my budget plan she was actually asking me to increase amounts I was suggesting!

So I guess I'm going to have to bite the bullet and get on with it!

I'm sort of relieved but also very scared!

fermi

They are right.:)

Sometimes the more you find out, the more things you discover to worry about. You can easily get sucked into doing that in the state of mind that lots of people are at in the run up to BR.

It's hard not to be scared, but you just have to tell yourself that you are taking the biggest possible positive step that you can towards sorting everything out.:D

scaredwitless32

susiepink wrote: »

came back to me saying that I'm looking into things too much

She also said that I'd found out too much and to stop thinking so much

So I guess I'm going to have to bite the bullet and get on with it!

I can relate to this........I have spent weeks , reading,and asking questions(probably quite stupid ones too) and trying to educate myself with regards to BR , the more I find out , the more I think it will go wrong, and we will end up with an IPA/IPO of thousands, and a BRO that last 100's of years, with all sorts of restraints attached :rotfl: :rotfl:

So we will bite the bullet with you.......
Goodluck

debstar

Honestly if it needs to be done then do it. I did in 2006 and I was really really scarred at first, you will walk away from the court hearing like the whole world has been lifted off your shoulders.

I thought it would just be me at the court but there were six of us. I certainly don't miss the sleepless nights.

Everybody you'll have to speak to are just normal people, no one judged me and in fact the OR was quite friendly and down to earth.

good luck with what you decide

money is not everything

whoopsydaisy

I went bankrupt 2 weeks ago, and i'm still in the "did I do the right thing, yes I did the right thing, have I done the right thing, yes i've done the right thing" frame of mind. I'm guessing that it takes a while to leave you! My debt/surplus amount was about the same as yours, and when I think about the fact that the CCCS said to me that my options were bankruptcy or a DMP for the next 30 YEARS I know i've done the right thing!

susiepink

Thanks everyone. I think the fact I've just had a baby and I'm having/want to give up work to bring him up has forced me into this corner. I've had a slight touch of PND and lots of sleepless nights with my new baby and when you're not sleeping it seems to make everything far worse, I find it hard to switch off and when I do finally drift off my little boy wakes up! Sometimes I just want to break down/scream/get drunk but you can't when you have a baby to look after. I gave up smoking when I found out I was pregnant but boy could I do with a ciggie now, no way though, cigerattes are so expensive and there is no way I'm wasting money on them!

I'm sure I'm going to be around lots begging you all to calm me down, only yesterday I felt quite positive but today I feel sick and scared again.

Oh, I'm due to pay all my creditors on or around the 25th Sept, do I tell them I'm going for BR and not pay them anything or do I explain my situation about my maternity pay kicking in and not having another money to pay them, offer them £2 and send them a copy of my budget sheet to keep them off my back for a while?

Thanks guys