i owe roughly about 35000 due to a reposion. i am unemployed however my wife does work. with her wage and tax credits we are still unable to pay our household bills and feed our children. what can i do.
From what i can initially see i would take a rough guess and say that bankruptcy could be a way forward for you.
Do you have any other assets like a car. What is you total income and expenditure. Would it be both of you declaring BR.
How many children do you have.
Sorry for all the questions but we need a little bit more information in order to help and guide you.
If you do decide Br is a way forward then you may be able to get some help with the fees. They are £495 at the moment each but if your on certain benefits then this may be reduced, your local court can advise you of this.
Jo x
For more info on how i have come through bankruptcy and for links to help, you can read my blog here called: Jo's Links and added info on Bankruptcy! http://debtfreejo.blogs.bankruptcyhelp.org.uk/
unable to pay our household bills
Posted - 10 November 2008 : 20:17:33
