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T O P I C R E V I E W
carol81
Posted - 19 November 2008 : 19:20:32 would i be better off to bankruptcy as i have debts of over £7000 im no longer with my husband and on income support with 3 children and had baliffswritting to me ?
1 L A T E S T R E P L I E S (Newest First)
John
Posted - 19 November 2008 : 20:53:16 Hi
an IVA is not on as the debt is too low so it's a DMP or bankruptcy on the face of it.
If you have no disposable income then a DMP is not an option. Bankruptcy will clear your debts but you should be sure that the long term future gives no probability of paying the debts any other way.
