Wot a life's thread.

Richard_S

wot_a_life wrote: »

Also, if we both declared bankruptcy, then could either of us still apply to buy the BI? We have no family that could do this for us

Hi Wot a life,

We were both declared bankrupt and we bought our B.I but it was negligible, and so only cost us a nominal £1 + O.R's fees of £211.

Your posts have indicated that your B.I is likely to be a lot higher than that, but I do think you're over valuing your house, and that's something that we can deal with at a later date. Even if you ultimately agree a B.I of somewhere between £5k and £10k you maye well be able to raise that once you're discharged from bankruptcy, and I'm more than convinced any B.I would be less than £5k rather than more.

What you need to focus on now, is how to move forward; you won't have all the answers at this point, you just need a plan that stands a chance of succeeding, and then address other problems as they arise.

I've yet to see a more succesful approach to problem solving.

Regards

Richard

RAS

Wot a life

Great to have you back on board and to see that you are getting brilliant advice, not from "experts" but from those who actually know how the systems work in reality rather then in theory.

There are some things that you need to do in addition.

One may be to get OH on here. When it is hard to talk to those immediately around you, having virtual support can make a huge difference. MSE is big enough for both of you.

Once you have made your decisions and started the paperwork, you may also want to need to have a discussion between you about the income side of your equation. There is no way you are going to get work that puts up into the IPA range but you desparately need to get your household income up, particularly if your eldest is about to be disqualified for benefits.

Looking at you personal income, I guess you are working PT? If OH cannot get full-time work, can he get something part-time? You need to think outside thebox, not least as the building industry is going to be in turmoil for a couple of years. Even somewhere like B&Q which likes older people who have practical skills? Other than that could you work full-time for a year or two and he take on the household responsbilities?

And best of luck to both of you.

Richard_S

Hi Wot a life,

RAS has made some invaluable suggestions there, and getting your O.H involved is a superb idea. Does he use the internet, and could you get him logged on with his own user name?

You'll get the best results when you're working together as a couple. It took us some time to work out how we should approach our problems, but when we did it made the world of difference to our effectiveness.

Richard

So_Sad_Angel

Richard_S wrote: »

Hi Wot a life,

RAS has made some invaluable suggestions there, and getting your O.H involved is a superb idea. Does he use the internet, and could you get him logged on with his own user name?
Richard

Hi WAL.....then we can all try & work out who your OH is!! haha

Seriously its surprising how valuable reading others` situations make you realise that you are not alone!

Angiexx

wot_a_life

To be honest guys, my marriage is in turmoil, I've showed him this board on numerous occasions, then he takes out a credit card!

Can you believe it because I can't, this just adds to the pressure and worry, just to add, he's not using the card for anything constructive, it's for his own pleasurable use, not mine

(having a particually bad day - sorry)

wot_a_life

I'm on my own here I'm afraid, the only support I have is this forum

betterlatethannever

Hi WAL
Oh dear!
Would a warning that he'll be in serious trouble with the OR if he continues to use the CCs help at all? They can be a little peeved if the cards are used to excess/for fun when BR has been decided on.

blind-as-a-bat_2

Hi wot a life he might come round in time, us blokes can have a hard time faceing up to these sort of things:o

In the meantime your not alone anymore you can scream rant cry or whatever you need on here, it,s not all about pratical advice;)

PS no need to say sorry around here by the way:D

wot_a_life

I've told him this betterlatethannever, I told him it's frowned upon as possible fraud because he can't pay it back, not even the minimum monthly re-payments, but he's just got it through ( capital one) and it's like giving a child a packet of sweets and telling them not to eat any, it will be a while before he gets a statement thro and that will be tossed to one side for me to deal with.......

And I can't do it anymore, I don't have enough money for a start off!

wot_a_life

I'm off to phone cccs, should I tell them it's joint debt or go it alone with just mine?