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T O P I C R E V I E W
andrew.ey
Posted - 23 July 2010 : 16:21:20 How will this affect me in the long run, i.e. credit in the future for a mortgage etc?
1 L A T E S T R E P L I E S (Newest First)
Housing
Posted - 24 July 2010 : 00:01:27 Hi and welcome,
Do you mean Bankruptcy?
First, think hard and take advice - much advice comes free.
If you are insolvent - i.e. more going out than coming in, BR may be a best option. But what are your assets? Do you have a valuable car or boat, or property? Do you work in the are of accountancy, finance etc?
Are you married or in a partnership? Are the debts joint or in your sole name?
Do you have a pension?
Lost to consider...
Post back with some detail and someone will be here to assist you - you are not alone.