bankruptcy

chevalier

Ok look at it this way. If you had OH wage plus incapacity benefit. How much would this be?

Then look at your creditors. Other than the mortgage/secured loan/ council tax, after these how much is left. Is there enough to do token payments (even a £1) to each of your unsecured creditors, and still have enough to live on? If the answer is yes, then you can probably do a DMP (debt management plan) with CCCS and so not go bankrupt. Then when you get well (I have faith you will!), you can up the payments via the DMP.

If you have done your income and expenditure sheet for CCCS how about posting it up on here? We may have some suggestins that might help you cut your outgoings.
chev

dialysis

Hi all got appointment with CCCs by telephone on Friday morning they were very helpful and are sending paperwork via email. Thank you for all your help and thoughts

dialysis

Hi everyone got advice from CCCs and bankruptcy looks like our only option. Dont know what to do or when to do it. Feeling really really low. Dont want to lose our home but does not look like we have much option. Need advice as to which order to do things in.
Do we find rented accomadation then go bankrupt

Stop paying our mortgage and secured loan, go bankrupt find rented and move out

Stop paying laon and mortgage go bankrupt and let OR sort out house

How do we stand with private landlords and bankruptcy has anyone got any advice please all I seem to do nowadays is cry on antidepressants anyway and OH off work with stress.
We had lots of good advice from CCCs, national helpline and from you guys but just so down and not sure what to do.Please help.

Thank you

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