Many thanks Viki for your help. Just trying to get my brain in gear, its very confusing especially when your stressed to begin with!

sorry should have said ages. they are 19 and 17.

thanks Viki i just really dont want the kids to lose all thier money. they have saved xmas/birthday money and both got part time jobs as well as college.

Hi, just trying to find out as much info as poss. My kids have savings which they have accummalated over the years and i wondered if they would be taken into account in either iva or BR. This is really relevant to us because they have been saving for uni. Also me and hubby have about 6K in a fixed i...

it just seems such an awful thing to do. every time i think about it i cry, but i cant seem to find another way.

i just wondered if it got too heavy if you could just bankrupt yourself even though you may of made agreements.

Hi, i wondered if anyone can help. I have decided to try and settle with creditors myself as i dont qualify for an iva and really dont want to go BR. I have looked at sample letters offering pro-rata payments, but wondered if the creditors will send in the bailiffs and how would i avoid that. all de...

Thank you all so much. I guess i will have to be brave and go for bankruptcy. i dont think it has the stigma attached to it anymore and in any case i cant go on with the worry of these debts anymore. cheers again

i did speak to national debtline and they did in a round about way suggest bankruptcy. prehaps thats our only option but it just seems so final. we dont have our own house or anything of value.

Hi,
Yes our only source of income is incapacity, disability living allowance and industrial injuries benefit. we also get tax credits for th kids but that will stop next year

Thanks so much for the help. my minds in a tizz at the moment and i'm finding it hard to do anything at the moment. Thanks again

I have now decided that its time to face the debts. Both me and hubby are disabled and have built up credit cards and loan debts. now with rising fuel and food costs we cant pay the monthly bills. decided that an iva would be best but need advice from people who have been through it. 1) can you do a...