My husband and I need help

5 posts Page 1 of 1
Post Reply
 
 

Shobs

User avatar
Posts: 1
Joined: Sat Aug 04, 2007 10:59 pm
Location:
Post by Shobs » Sat Aug 04, 2007 10:59 pm
Quote
My husband and I need help, I am in debt to the tune of over £40,000 before I met him. My husband is in debt to the tune of over £1000. We need help. I cannot go down the bankrupcy route as we cannot afford it.
Top
 
 

Cybus

User avatar
Posts: 392
Joined: Fri Jul 13, 2007 7:44 pm
Location: United Kingdom
Post by Cybus » Sat Aug 04, 2007 11:40 pm
Quote
Can you please provide a little more information?

Do you own a property? Is there a mortgage on the property?

How many different creditors make up the £41,000? Are any of those debts in your joint names?

Are you currently employed?



Tell it like it is.
Last edited by Cybus on Sun Aug 05, 2007 7:33 am, edited 1 time in total.
Tell it like it is.
Top
 
 

hara

User avatar
Posts: 392
Joined: Mon Jun 11, 2007 12:31 am
Location:
Post by hara » Sun Aug 05, 2007 7:28 am
Quote
As Your husbands debt is only 1000,it may be better to leave him out,If you are thinking of IVA and try arrange an IVA in your name only.


Hara.
Top
 
 

iva_squirrel

User avatar
Posts: 647
Joined: Mon Apr 17, 2006 10:32 am
Location: United Kingdom
Post by iva_squirrel » Sun Aug 05, 2007 9:24 am
Quote
Good morning Shobs,


Welcome to the forum.

I agree with Hara on leaving your husband out of this.
You mentioned on your post that you can not afford the bankruptcy costs which slightly worried me as min iva payments would be in the region of £300. Do you think you would have that sort of disposable income if you were not paying your creditors? If the court cost was the only reason for you not to go bankrupt, I suggest you consider getting help from relatives/friends. Can you please provide a little more information?

Kind regards,

Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm
Top
 
 

Adam Davies

User avatar
Posts: 14596
Joined: Thu Mar 29, 2007 12:21 pm
Location:
Post by Adam Davies » Sun Aug 05, 2007 7:00 pm
Quote
Hi
Is the £1000 debt of your husbands a typing error ?
regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
Top
Post Reply
5 posts Page 1 of 1
Return to “bankruptcy”