Have you tried negotiations with the landlord?
The best way to get advice is via a meeting with a local Insolvency Practitioner to go through your financial circumstances to be able to advise what is the best thing for you, which could include Bankruptcy.
In order to advise we need to know things like:
[list=]What are your total debts
What is your net income (excluding payments to creditors)
What assets do you have and how much are they worth
Are you/do you need to be a Director?
Does your contract of employment prevent certain insolvency like Bankruptcy?
Do you have any third party monies that could fund a lump sum settlement, either directly or via an IVA (this does not need to be the total sum)
You might also find my quick videos useful as a brief starting point:
Who is onlineUsers browsing this forum: No registered users and 22 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, Vincent Bond and Co Ltd will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location