S
smiddybar
Guest
Can you tell me what is involved in declaring bankruptcy,i am 70 years old and totally dependent on the basic state pension of 230 euro per week.
However I have significan credit charge debts which I cannot possibly meet and recently I have been advised of a court judgement being issued against me. I have attempted to reach an agreement with the parties concerned but they have consistently refused to accept the weekly payments I have offered, and are insisting on a full settlement, which is impossible in my sitution.
Can an individual take this course of action and if so what are the advantages and disadvantages of doing so,I feel there is no other option if indeed the one suggested is practical.My situation is one of robbing Peter to pay Paul, any advice would be most welcome.
However I have significan credit charge debts which I cannot possibly meet and recently I have been advised of a court judgement being issued against me. I have attempted to reach an agreement with the parties concerned but they have consistently refused to accept the weekly payments I have offered, and are insisting on a full settlement, which is impossible in my sitution.
Can an individual take this course of action and if so what are the advantages and disadvantages of doing so,I feel there is no other option if indeed the one suggested is practical.My situation is one of robbing Peter to pay Paul, any advice would be most welcome.