To be honest it's madness I was allowed that much credit.. I worked in a minimum wage job, live on my own in a council house and have mental health issues. I don't own anything and have no savings. They kept giving me more and more. Before I knew it I was paying £600 a month in debt. At the time I d...

I owe 37000 so be no good. Dont know how I managed to dig muself in so deep. Why is bankruptcy risky? Do you have to go to court and do they look through bank accounts etc?

Thanks for the quick response. I've been stressing out about it. I was thinking I might let my IVA fail and pay the £680 to go bankrupt (if/when get my PIP). Feel like you have to account for every penny under an IVA for the next 5 years. Had to fill tax form in. They said if I'm owed a rebate they ...

<t>Hi, I am in an ongping IVA. I opemed a new bank account. I was banking with Barclays but they are part pf my IVA as I was £2500 overdrawn and owed £4000 pn a barclays credit card. I have just been awarded £6000. Backdated PIP disability benefit. They have paid it into my old bank account!!. Can B...