I just wonder why the CAB would advise that the best thing to do is to wait before petitioning for bankruptcy? I am really getting worried now and have been thinking that maybe we should be on some kind of DMP until the house is sorted. But how would this work, we have about £115 per month disposable income after all essential payments, eg. rent, council tax, gas, electric, water, etc. So if we had to pay all that to a DMP, how could we save up for 2 lots of bankruptcy fees?!!! I know the house repossession would take months and that is what is worrying thing at the moment as the creditors will probably take action long before this is sorted. I really want to get this over and done with, thats why we went to CAB, to get some up-to-date advice and it seems their advice is different to the advice on here!!!!! I am just so terrified of going through something as huge and serious as bankruptcy only to have made a mistake with the house situation, the CAB said if the house takes longer than a year to be repossessed and then sold, and we go bankrupt now, we will be chased for the shortfall after being discharged, I cannot take that chance!
