i can no longer make my repayments on my debts

5 posts Page 1 of 1
Post Reply
 
 

a-j

User avatar
Posts: 1
Joined: Thu Feb 21, 2008 4:13 pm
Location:
Post by a-j » Thu Feb 21, 2008 4:14 pm
Quote
Hi,i live on my own and not at work due to stress and reclusive diss order,i have debts of over 15,000 and live on incapacity benifit i can no longer make my repayments on my debts what should i do.
Top
 
 

chris.g

User avatar
Posts: 2102
Joined: Thu Oct 25, 2007 10:38 pm
Location: United Kingdom
Post by chris.g » Thu Feb 21, 2008 4:16 pm
Quote
Hi and welcome to the forum.
Do you have any disposable income or assets?
It's nice to be back......
Top
 
 

Lisa2009

User avatar
Posts: 5408
Joined: Thu Aug 16, 2007 12:17 pm
Location:
Post by Lisa2009 » Thu Feb 21, 2008 5:41 pm
Quote
I could be wrong but as you only recieve benefits, i dont think you will be able to enter an IVA. Are you a homeowner? If not have you considered bankruptcy.
Its not everybodys ideal but as you have no other income, it could be the best answer for you.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
Top
 
 

ray_a

User avatar
Posts: 750
Joined: Fri Jun 01, 2007 7:24 am
Location: United Kingdom
Post by ray_a » Thu Feb 21, 2008 5:46 pm
Quote
Aj

This aspect of debt is horrendous .

Perhaps if you let us have some more information such as are you a home owner we can help you better.
Top
 
 

Soulgrowth

User avatar
Posts: 2446
Joined: Fri Jul 07, 2006 9:38 pm
Location: United Kingdom
Post by Soulgrowth » Thu Feb 21, 2008 9:51 pm
Quote
Aj ... just wanted to welcome you to the Forum ... you really are amongst friends here ... both experts and those of us who have had some pretty serious debt problems ... there is no problem that can't be sorted though ... so stay in touch with the Forum now that you have found it, especially if you are living alone (as am I) ... and you don't manage to get out and about ... we all need a bit of a lifeline.

Thinking of you.

Debbie
Debbie
Top
Post Reply
5 posts Page 1 of 1
Return to “postings for february”