Thanks for all the advice! I stopped using all my credit cards in March and have no assets (not even a car) over £1500 in value. I live in rented property to equity is not a problem. I'm looking to move abroad in August. Do you think it would be better to apply for bankruptcy now before I move (not ...

I was made redundant in March 2006 and have struggled to find work ever since - in the process racking up about £20,000 in credit card debt on top of a £10,000 personal loan I already had - a total of £30,000 of debts. I don't own a house, have no assets and the banks are currently ringing on a dail...