I am currently struggling to make ends meet as I stupidly relied on a lodgers rent to make up bill payments, I have fallen into arrears with my mortgage and am currently attempting to switch to an interest only but I am unsure as to how much better off I will be financially. I was wondering whether I could apply for bankruptcy and cover my mortgage and secured debts with this and if so what the best course of action would be. Many Thanks
You can apply for BR and include the mortgage shortfall as well as any other debts but your should speak to an advisor first as they will run through your current situation and see if BR is the best course of action.
Either contact the CCCS, CAB or National Debtline or use the 'experts' link on the left of the page to contact one of the experts that frequent this board.
I am currently struggling to make ends meet
Posted - 19 May 2009 : 10:18:56
