Thanks for all your advice. Ive spoken with one of the expertsa s recommended and she was very helpful.
It appears that with my circumstances an IVA would not work for me, as would not decrease my monthly expwnditure significantly, so it looks like Im going down the bankruptcy route.

I suppose it depends on whats classed as priority payments. For example it costs me £60 in transport costs to go and see my family. Does this count? And when I go back home, preumably they would not include money spent seeing friends while I am there? I basically need £200 a month to maintain what I...

No there is no equity in my flat.

IPA = giving over 70% of disposable income over £100? I'd be in a worse situation than I am now.

Doesnt look as though theres any solution for me that would enable me to enjoy a basic social life, which is very depressing bearing in mind my circumstances.

Thanks again Kallis, I will definitely speak to one of the experts.
Just quickly though, whats an IPA?
And wouldnt my flat be an asset? I would lose this, and would rather avoid that, which was why I thought an IVA would be better than bankruptcy?

Hi Kallis, thansk for your reply. I dont really have a full social life - it basically consists of playing football once a week, and a night out at the weekend. Plus a weekend back home to visit family every month ro two. I have not had a "proper" holiday in 9 years. Without getting too personal - m...

It works out at about £230 to buy food/drink, household stuff etc. and a social life ie. playing football once a week, nights out with friends and travelling to see family. In the past I have just used loan/credit card to supplement this but I am up to my limits now with no further options available...

Hope you dont mind me joining this thread, but I have exactly the same amount of debt, 45k excluding mortgage. Approx 2/3rd of this is an unsecured load I took out with the mortgage(I had a 125% mortgage), the rest being another loan and a credit card. After I have made repayments and with other out...