declaring bankruptcy

[sweetmonkey]

hi i have a huge loan, big overdraft as well as other bills to pay each month.

just found out im gonna need to move out of where im staying soon and am just not going to be able to afford anywhere.

how do i go about becoming bankrupt in order to try and start my life again

i know ive been stupid in the past, took out loan when i was with ex and everything is on top of me at mo. not sure how much i can take

TIA

peter went bankrupt 2 years ago(we had split up for a while), basically he as lviing beyond his means. they only thing they took was his car. AFAIK he is no longer bankrupt but its hard for me to get credit as well. IIRC it cost about 400pounds, but he had about 13k of debt. most from before he was ill.

yes, as far as I'm aware she has. Although she knows my feelings on the situations so she may not always tell me the full story.

Sweetmonkey, I really sympthise with your feeling of desperation and I have to appologise as your thread was not the place to vent my anger about my sister.

I have been in your situation and it was awful - I wanted to go to sleep and let it all be a bad dream. Dh and I even ate nothing but spagetti on toast because we couldn't afford to buy any other food.

That was about 3.5 years ago and now we are back on our feet and, because of our experiences, will never take money for granted again.

I just want you to know that you can get over this (I know it seems bleak at the moment and probably feels like there is nothing you can do - we nearly lost our house and I was terrified) but trust me - you can move forward and you will get through this.

Firstly you should make a list of all your debts. Secondly you need to prioritse what needs paying first. Write to all your creditors and tell them the situation. Ask them to freeze the interest and explain that if they don't you will have to look at going bankrupt. They would rather freeze the interest and get some money back than have you go bankrupt and get hardly any back. Then try and agree sensible and affordable repayments.

There are lots of things you can do. If I can be of any help at all please let me know.

Sweetmonkey - post HERE you will get so much help and support they are amazing.

I also agree with going to see your GP, I know it is an obstacle course trying to make an appointment these days but you really need to get some help - have you still got a Health Visitor? They can really help with Mums problems as well as the kids.

bubblerock i dont have children, a mum i know gave me the site when i was having problems with my own mum, if that makes sense.

shes an alcoholic and loads of people were kind to me and helped me.

i wish i was a mum as it would give me something to live for and focus on, but as it is , i dont

hiya

I posted on sunday, myself and DP are in very similar cirmstances, although i agree i do have a partner, but we have gone to a free debt councilling services, and now all we have to pay is £200 a month to them on our debts, instead of £750 a month (just to give u some idea of how much debt we are in).

I do feel better about things, although will admit to being in tears myself this morning, but on the whole i am feeling more postive and have sat down and sorted out our outgoing etc.

do you have there name?

yes its www.payplan.co.uk

thank you

just filling it in and it says about outgoings and i mentioned loan and stuff in the extra bit, which is my main big outgoing but when it givems the list at end ie with incoming and outgoing these amounts dont seem to be taken into consideration

The Consumer Credit Counselling Service can also advise in such circumstances.

www.cccs.org.uk - I think that's their website.

Correction re CCCS

Their address is actually www.cccs.co.uk

HTH

They are a charity rather than a debt consolidation service.