would I be right to go bankrupt

charmaine

I have 2 cerdit cards with the balance of £16k between and next £3k phone bill £800 (was initially only 120). I had to give up my job recently as I was suffering from depression still am. I live at my mothers now with my kids as my last home was constantly being broken into. I have no savings no car and I am now on benefits. I have tried to budget and pay these debts but its never ending well so it seems. I am seriously thinking about bankruptcy.

Im also thinking of moving to Ireland in the summer to live with my sister how would this affect me if I was bankrupt in the uk?

Any help would be really appreciated.

debt_doctor

Hi you need to talk to one of the debt charities, CAB, National debtline etc. When you have then pop back on here and we wil help you with your choice.

DD

tigerfeet2006

Your first port of call should be to contact one of the Debt Charities; see links below. Their services are free; they have no vested interest to serve; their advisors are professionally trained and the advice they give will be objective and in your best interests only. CCCS operate a system of telephone appointments that are designed to be flexible and don’t require you to attend an office based interview. At the CAB you will need to make an appointment with a specialist Financial Advisor; other advisors may not have the specialist knowledge you’ll need.

http://www.cccs.co.uk/

http://www.nationaldebtline.co.uk/

http://www.citizensadvice.org.uk/index.htm

If you’re advised that bankruptcy is the most suitable solution to your financial problems then we can offer the best support and anecdotal advice that you’ll find anywhere on the Web.

For more specific advice and support, in an environment that is managed by people with first hand experience of bankruptcy, and moderated to ensure that no deliberately inflammatory or abusive posts are made then please visit:

http://bankruptcysupportersclub.co.uk/default.aspx

Just remember, as desperate as you may feel at the moment, we have all experienced what you are going through at the moment and with the right support and advice things will improve. It’s not an easy route to take but it is a route that will put you back in control of your life rather than just reacting to events.

Oldernotwiser

I've found that the debt charities have little knowledge about living abroad after UK bankruptcy. Would you be eligible for benefits if you moved to Ireland?

charmaine

yes i contacted the cab and they said i would get child benefit and one parent family benefit.

What would happen if i moved to ireland before going bankrupt???

tigerfeet2006

You would have to come back again to petition I think. But you will be best to check with the Insolvancy Service, phone number in my sig.

Oldernotwiser

tigerfeet2006 wrote: »

You would have to come back again to petition I think. But you will be best to check with the Insolvancy Service, phone number in my sig.

You can come back from abroad to petiion for bankruptcy within 3 years.

The_Madmouse

tigerfeet2006 wrote: »

Your first port of call should be to contact one of the Debt Charities; see links below. Their services are free; they have no vested interest to serve; their advisors are professionally trained and the advice they give will be objective and in your best interests only. CCCS operate a system of telephone appointments that are designed to be flexible and don’t require you to attend an office based interview. At the CAB you will need to make an appointment with a specialist Financial Advisor; other advisors may not have the specialist knowledge you’ll need.

http://www.cccs.co.uk/

http://www.nationaldebtline.co.uk/

http://www.citizensadvice.org.uk/index.htm

If you’re advised that bankruptcy is the most suitable solution to your financial problems then we can offer the best support and anecdotal advice that you’ll find anywhere on the Web.

For more specific advice and support, in an environment that is managed by people with first hand experience of bankruptcy, and moderated to ensure that no deliberately inflammatory or abusive posts are made then please visit:

http://bankruptcysupportersclub.co.uk/default.aspx

Just remember, as desperate as you may feel at the moment, we have all experienced what you are going through at the moment and with the right support and advice things will improve. It’s not an easy route to take but it is a route that will put you back in control of your life rather than just reacting to events.

Copyright Richard_S 2007

tigerfeet2006

Madmouse I have asked permission from Richard to use this.

Richard, you didn't say but I will be quite happy to add the credit on the end. My apologies for forgetting to do this.

Richard_S

tigerfeet2006 wrote: »

Madmouse I have asked permission from Richard to use this.

Richard, you didn't say but I will be quite happy to add the credit on the end. My apologies for forgetting to do this.

Hi tigerfeet,

I wouldn't want you to do that at all. It's all about getting the right message over to people who come to this site. I've copied other people's posts on specific subjects when they've been comprehensive and said what I wanted to say.

Regards

Richard

philnicandamy

Tigerfeet as your aware things have been a little "heated" with various posts in the past, i've stayed away since the last blow up & plan to continue doing so, things are not like they used to be around here when I started for sure everything now seems a little one sided, I think (correct me if i'm wrong) that madmouse was attempting a Joke, I myself have used various peoples quotes from around boards with their permissions as rich said its about sharing & getting the right message across....just because people come across as trying to troll dont always mean they are after causing trouble...it seemed to me an attempt at some much needed humor that once again has gone very badly wrong