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Niobe
Administrator
United Kingdom
4590 Posts |
 Posted - 14 August 2009 : 12:22:36
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Hi,
As you have less than £15,000 debt, you may be eligible for a Debt Relief Order.
In order to qualify, as well has having less than £15,000 debt, you should have no assets over £300 other than a car wort about £1000, you cannot own your own home or have disposable income of over £50 per month once your normal bills have been paid.
If you don't qualify for that, you could always try coming to some sort of arrangement, via a debt management plan, with your creditors.
As a last resort you can go bankrupt, but it does seem a shame when your debts are so small.
The glimmer gets brighter all the time
Jan
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My bills each month cost in excess of £500.
