Can you advise on what is the best solution

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polina.f

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Post by polina.f » Wed Jul 16, 2008 12:04 am
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Hello,

I have recently lost my job, and currently struggling with monthly payments. My monthly expenses include:
1. Car lease
2. Loan repayment
3. Exceeded bank overdarft.

I have now opened my own company, and until it starts generating revenue, I will be struggling making these monthly payments.
Can you advise on what is the best solution to resolve this situation.

Thank you.
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MelanieGiles

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Post by MelanieGiles » Wed Jul 16, 2008 12:35 am
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Hi polina.f and welcome to the forum

When do you think that your company will be in a position to generate sufficient profits to pay you a wage to cover the above costs?
Regards, Melanie Giles, Insolvency Practitioner
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