Thanks Melanie and Oliver for your advice on this. If I decide to go bankrupt, then it may cause problems with my new landlords as well. Would I be able to put the rent in my parents name, so they pay the rent, and then I pay them. I'd be able to work this out with the landlords, but i'm not sure ho...

Hi, What are the normal allowances for rent in your expenditure? Is there a guideline for a minimum/maximum amount. I'm currently paying £375 a month, although the house is not that close to work, so i'm also paying about £100-120 a month in petrol. I've got a clause in my contract that states that ...

Hi Melanie, thanks for your advice on this. I am paying back some of my student loan, as i'm earning over the threshold, although this is only around £15 a month at present. What's the difference between an IVA and bankruptcy in regards to overtime/payrise/bonuses once they've started? I'd read that...

Hi, I'm currently in a lot of debt and i'm trying to decide whether bankrupcy or an IVA is most suitable for me. I owe circa £22000 in unsecured loans, £20000 to my parents and £16000 to the SLC. I'm working full time and have about £250 a month disposable income at present, although I'm getting pro...