Hi again all, Well, we've spoken to Tina and it looks like it's bankruptcy for us! Not too sure how we feel about that and my wife is still panicking about her job being safe etc, but at least we know where we stand now! Just another question I forgot to ask Tina on the phone. My wife is due to go b...

Hi again everyone, We are just waiting now for our call from Tina (in Melanie's team). It was supposed to be this morning but we had to postpone it till tonight as we had commitments with our little boy. I was asking before about the newspaper announcement for bankruptcy cos my wife is fixated on th...

Thank you so much for all your support so far, folks-it really is great to know you are all there to help and guide us in this yucky journey! I didn't really sleep at all last night because of all the info and worry buzzing around in my head. So far we feel bankruptcy would be the best solution for ...

Thank you, Melanie.

I have an appointment arranged for a phone conversation with someone from your office tomorrow morning. Looking forward to getting some solution in place!

Thanks again,

I

Thanks again,

In the meantime, what should I be doing about the creditors who are phoning now asking for money? Do I prioritise who I pay and who I don't, or do I pay each one just a small amount and explain I'm looking into my options?

I

Thanks again,

Does anyone have any idea exactly what it says in the local paper? Do they just give your name, or is it your address or date of birth too??

Gosh this is all very scary!

I

Thanks again all, Pbeck-Yes we have factored in child benefit and child tax credit and I think i'm still in the right ball-park with 300 per month disposable. Melanie-Thanks for the advice. My wife's a teacher and bancruptcy scares her to death as she feels the staff and pupils may well find out. Al...

Good grief-it just goes to show how this is stressing me out-I didn't even factor our mortgage into that estimate!

I'll try again-we could repay between 250 and 300 ish I think!

I

Hi and thanks so much for your quick replies!

VERY roughly, without looking properly at figures, I'd say we'd be able to repay around 1000 to 1200 per month.

I

Hi, I'm hoping you can help. My wife and I have around 60k of unsecured debts to about 12 creditors, are in negative equity on our house and are really struggling now. My wife goes back to work part time in September after being on maternity leave (which has really made us go under!) but with childc...