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T O P I C R E V I E W
Ed.95
Posted - 18 July 2010 : 22:28:43 I am about £22k in debt, I am in full time work and earn £22k per year, I do not own anything of value.. I have been keeping up with my repayments, but only by living off my credit card! Do I qualify for bankruptcy?
1 L A T E S T R E P L I E S (Newest First)
Housing
Posted - 18 July 2010 : 22:55:28 Hi
You may well do - I suggest that you seek some initial advice from say, the CAB or CCCS to see.
If your net income is less than your expenditure, then you are probably insolvent - the debt you refer to is not that large - there may be some alternatives for you to consider.
