Ok, Ok, peace out to everybody. I know that different solutions suit different situations, im just saying it worked for me and still is ok. Yep I still have a house that my ex lives in and that is yet to be decided what is going to happen with that. Dont take offence at how I wrote my comments anyon...

Kazza, all the O.R will do is ask you for your expenses, you will have to fill out a form so they can see what comes in, what goes out and if you have any capital. They will be very fair with you just as they have been with me,they will tell you what allowances you are allowed. At the end of the day...

Dont listen to Andrea kazzafunk, she is just tyring to scare you and reply like you are daft or something, the world is full of people like that. Kazza I dont pay anything and Im gonna make sure I keep it like that for as long as I can.I jacked my employment in and do my own work now. b***** hell, y...

Yes I would definitely. Rather than paying all different creditors you just have to deal with the official reciever for 3 years then its all over. The lady who deals with me at the recievers end is really nice as well. I would really go for it, you wil feel such a weight lifted of your shoulders,one...

BR all the way...id do it now because the cost of doing it is going up soon.

Take my advice, if you have over £20k worth of debt, dont lie in bed worrying over it, go bankrupt, life is to short my friends.

Well I have just come back to this forum after 6months of waiting. After all the hassle I had I did decide to go bankrupt in the end, last November to be exact AND I havent looked back. I paid my money now I am free of that debt. Yes I am still dealing with the official reciever for 3 years from the...

Just been reading a few more questions that have been posted on here and it seems like there is no easy way out of this debt. For example ive just read that if I go through all the hassle of filling the insolvency forms out(and ive got a right headache doing that)and declaring myself bankrupt then I...

Thank for the replies all, I wondered where this post had gone.

Thanks again

Thanks for the kind advice silverlining. I started a DMP and left it cos the amount of time this took to set up allowed the credotors to put even more arrears and interest on that it got ridiculous. I ended up owing over 2k more to one of my creditors while I waited for things to get moving. And in ...

Thanks for the replies, I am on low income and get a small amount from the working tax credit joke system.. I dont really mind what happens to my house just so long as I can deal with this debt that is constantly causing me to have no peace of mind. At the moment I pay roughly £80 p/m to creditors b...

I am in the process of filling out forms for bankruptcy. I have been seperated since last Feb and my wife still lives in our home of which both our names are on the mortgage. Question is would it be preferable to go bankrupt or use another possibility of setting up an IVA? I have roughly £27k of deb...

Hello all, Could you please tell me the name of a good company that I can set up an I.V.A with? I have approximately £27000 worth of debt from my marriage (im seperated now and my wife, soon to be ex, is still living in the house we have a joint mortgage on). I have been filling in forms to go bankr...

Could I borrow money from any source to help me go bankrupt or am I asking for trouble?

My wife still lives in my house(my name is on the mortgage still you see) but I do not know how much it is worth because I cannot get a valuer in there you see I tried and she turned them away, from all accounts she had a valuer in there about 4 months ago and she told me there was equity in it but ...