Hiya,
I'm with Debt Lifeboat. They're part of Baker Tilley. I'll check with my IP if I have the funds to go BR but if not, then I can use my redundancy pay. I don't own a house or car so have no assets that would be affected. All of my possessions were retained by my ex-husband (now deceased) so I kissed them goodbye a long time ago.
I had my annual review recently so am just waiting to receive another statement.
I owed a total of around £26,000 so estimate that my creditors should be getting some money soon if my IP needs 5% of funds in the pot.
It certainly sounds as though BR is a good option for you. It will allow you to wipe the slate clean and start again, it sounds as though you have had a rough time over the past few years.
You will need to let your IVA fail by missing three payments. Once you have your certificate of non compliance through, you can petition for your own bankruptcy.
You can start the ball rolling by filling in the forms yourself online:
If you have any questions about it, then we will do our best to answer them for you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
