Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • honeypeony
    • By honeypeony 4th Mar 18, 4:55 PM
    • 1Posts
    • 1Thanks
    Bankruptcy due to gambling
    • #1
    • 4th Mar 18, 4:55 PM
    Bankruptcy due to gambling 4th Mar 18 at 4:55 PM
    Hello !
    How likely my application for bankruptcy will be accepted if OR will see in my bank account transactions that my debts have been taken due to gambling and covering other debts getting me in this never ending cycle of debts? Been playing a lot every month past 2 years due to depression causing myself to go even deeper in despair and misery. I understand I might get BRO , but for how long? Haven't been playing for a month now and I desperately want to start my life fresh and move back to my home country to reunite with my family, but can't do this while this financial crisis is breathing down my neck.
    I have no assets and live alone at the moment so I'm not left with a lot after living expenses.Aso been with DMP plan for 2 years, that might help OR to make a decision.

    Thank you for understanding.
Page 1
    • mwarby
    • By mwarby 4th Mar 18, 6:17 PM
    • 828 Posts
    • 309 Thanks
    • #2
    • 4th Mar 18, 6:17 PM
    • #2
    • 4th Mar 18, 6:17 PM
    Very unlikely they would reject your bankruptcy for gambling. As you've said a BRO is very possible. Have you taken debt advice ? It's a good idea to do so as it ensures your not going bankrupt needlessly.
    • philnicandevan
    • By philnicandevan 4th Mar 18, 7:03 PM
    • 553 Posts
    • 514 Thanks
    • #3
    • 4th Mar 18, 7:03 PM
    • #3
    • 4th Mar 18, 7:03 PM
    and to add to mwarby's advice...a VERY good read here as well, a past member who posted here all through his bankruptcy journey and discharge..

    and a support group on the debt free wannabe board for ex (and soon to be) gamblers..

    and finally

    congrats on the month free bet!
    Last edited by philnicandevan; 04-03-2018 at 7:11 PM.
    Not quite a newbie as you think (the member formally known as philnicandamy!)

    FINALLY a qualified CAB debt caseworker 2015..
    BSC 58
    • TakeAwayKing
    • By TakeAwayKing 4th Mar 18, 7:32 PM
    • 108 Posts
    • 56 Thanks
    • #4
    • 4th Mar 18, 7:32 PM
    • #4
    • 4th Mar 18, 7:32 PM
    A bankruptcy application is not accepted or rejected.

    If you are insolvent and unable to pay what you owe, you will be made bankrupt.

    A BRO is likely to be 3-5 years.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

421Posts Today

5,815Users online

Martin's Twitter
  • It's the start of mini MSE's half term. In order to be the best daddy possible, Im stopping work and going off line?

  • RT @shellsince1982: @MartinSLewis thanx to your email I have just saved myself £222 by taking a SIM only deal for £7.50 a month and keeping?

  • Today's Friday twitter poll: An important question, building on yesterday's important discussions: Which is the best bit of the pizza...

  • Follow Martin