I've pretty much prepared to petition for bankruptcy this week (and booked a court slot). But I'm really not sure whether to hold off for a month (or more?).
I've used credit for some basic things up until about 10 days ago, and am totally insolvent. Also now effectively unemployed after resigning directorship.
Is it too soon to declare BR? Would the OR take a dim view of going almost straight from using credit resources to declaring BR? There's been *no* intention before now of *ever* defaulting on payments or going down the BR route. But I know how sometimes in life things can look differently on paper, despite the very best of intentions.
By the way, am well over 30k in debt, mostly cc's and overdraft from years of low-salaried day-to-day living while trying to grow a ltd company.
Delay bankruptcy? please help!
Posted - 15 January 2012 : 09:10:41
