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Kels
Starting Member
United Kingdom
1 Posts |
 Posted - 16 August 2010 : 19:23:18
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| I'm in about £23k in debt, with £110 a month surplus - have been advised my only option is bankruptcy - how painful is it? I really need some hand-holding!! |
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Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 16 August 2010 : 20:07:33
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Hi and welcome to the forum. BR really isn't as painful as people think - I found that thinking about going BR was actually worse than actually going BR.
Do you have any assets that might be at risk if you went BR?
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
Last IPA payment made on 28th June 2010 - it's over at last! |
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Worried Woman
New Member
United Kingdom
60 Posts |
Posted - 16 August 2010 : 20:38:37
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Hi Kels,
Welcome to the forum. I went BR on 20th July 2010, had 27k debts and was getting about 10 calls a day from creditors. After doing the deed it is actually such a relief, I was able to answer the phone and tell all the creditors and they haven't bothered me since.
Filling in the forms is easy enough and there are many people on here that can give you lots of advice. Obviously you need to save your £600 for the actual process but the relief afterwards is immense and you can start afresh.
Feel free to post any questions on here and I am sure you will be inundated with answers and advice.
Good luck.
Went Br 20th July 2010..countdown for 1 year. |
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integritydebthelp
Starting Member
United Kingdom
23 Posts |
Posted - 17 August 2010 : 17:15:13
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hi,
bankruptcy is certainly not as bad as everyone makes it out to be...
may i suggest that you seek advice thats fair and impartial as their may be another solution for you. have a read of my blog here **link removed** i think you will information here that will help you.
“A compassionate person develops an eye for spotting the qualities that make each person special. Even when others are at their lowest ebb, it is possible to help them restore their self-belief by keeping a firm, clear vision of their goodness and specialities. Taking a gently encouraging approach, I must never give up on anyone.” |
Edited by - integritydebthelp on 17 August 2010 17:15:29 |
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debtinfo
forum expert
2826 Posts |
Posted - 17 August 2010 : 20:25:15
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| I believe that tracey already told you not to advertise on this site without approval, to which you agreed but i see that you are doing it again as your blog is basically just a big advertisement |
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integritydebthelp
Starting Member
United Kingdom
23 Posts |
Posted - 18 August 2010 : 10:45:18
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kels, you need to look at all the options available to you from advisers that are impartial to the debt industry. Please research bankruptcy first and make yourself a list of questions that can be answered. Its stressful enough being in debt but there is help for you out there, you are not alone.
“A compassionate person develops an eye for spotting the qualities that make each person special. Even when others are at their lowest ebb, it is possible to help them restore their self-belief by keeping a firm, clear vision of their goodness and specialities. Taking a gently encouraging approach, I must never give up on anyone.” |
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I really need some hand-holding!!
