Hi, sorry my first post is asking for help.. Ive spent months trying to figure out what to do with whats left of my life, i currently have debts of over €310,000 euro's.
Basically like most of people my age (34) who live in Ireland i followed the herd and got on the property ladder as renting was a waste of money apparently as far as most people were concerned in the "Celtic Tiger" days.
I was self employed worked hard and made decent money and my partner worked and had a reasonable income. I had to pack in my job due to not making enough to live on never mind paying bills when everything slowed down, and my ex lost her job also.
As it stands at this moment in time i have so far lost my partner due to the stress and strains of financial hardship and as the username suggests ive finally admitted to myself that paying back what i owe is never going to be in anyway possible even if i live to 100.
We have two young kids and i really do not want to go to the uk for the obvious reason of seeing my children regularly, and to make things just that little bit more awkward the job im currently doing is "classed as self employed" and once i start down the bankruptcy route i am 99.9% sure i will be either sacked or kindly asked to relinquish my position. (I do not want to say what my current job is)
I basically do not want to chance filing for bankruptcy in Ireland as the 3 years is ok BUT it's the possibility of it being 8 years i just cant cope with that gamble. Its taken a hell of a lot to post this and pride swallowing to finally admit defeat, and while for a short while i still have the keys to my abandoned house (Bought for 320,000 and the local council bought a neighbor's home for €74,500)
I will basically lose my job, house, i have already lost my family in the sense of the words, i have a stack of demands ect
I currently earn approx €300-€340 euro's per week and have over €300,000 debt. I cannot repay it and am not looking for an easy way out by filing for bankruptcy i need to do this to get some sort of a life back.
I have drove for a living from the day i got my license at 17, and the chances of getting a job in either the uk or up north is most likely impossible.
As said how do i even start with a "COMI" with no money and as soon as i apply for bankruptcy no job how can i start fresh again. Ive no family in the north or UK either.
Can somebody please explain notifying you're creditors you are filing for bankruptcy in the UK, what is involved.
Sorry if im rambling on abit..
Regards,
Defeated.
Basically like most of people my age (34) who live in Ireland i followed the herd and got on the property ladder as renting was a waste of money apparently as far as most people were concerned in the "Celtic Tiger" days.
I was self employed worked hard and made decent money and my partner worked and had a reasonable income. I had to pack in my job due to not making enough to live on never mind paying bills when everything slowed down, and my ex lost her job also.
As it stands at this moment in time i have so far lost my partner due to the stress and strains of financial hardship and as the username suggests ive finally admitted to myself that paying back what i owe is never going to be in anyway possible even if i live to 100.
We have two young kids and i really do not want to go to the uk for the obvious reason of seeing my children regularly, and to make things just that little bit more awkward the job im currently doing is "classed as self employed" and once i start down the bankruptcy route i am 99.9% sure i will be either sacked or kindly asked to relinquish my position. (I do not want to say what my current job is)
I basically do not want to chance filing for bankruptcy in Ireland as the 3 years is ok BUT it's the possibility of it being 8 years i just cant cope with that gamble. Its taken a hell of a lot to post this and pride swallowing to finally admit defeat, and while for a short while i still have the keys to my abandoned house (Bought for 320,000 and the local council bought a neighbor's home for €74,500)
I will basically lose my job, house, i have already lost my family in the sense of the words, i have a stack of demands ect
I currently earn approx €300-€340 euro's per week and have over €300,000 debt. I cannot repay it and am not looking for an easy way out by filing for bankruptcy i need to do this to get some sort of a life back.
I have drove for a living from the day i got my license at 17, and the chances of getting a job in either the uk or up north is most likely impossible.
As said how do i even start with a "COMI" with no money and as soon as i apply for bankruptcy no job how can i start fresh again. Ive no family in the north or UK either.
Can somebody please explain notifying you're creditors you are filing for bankruptcy in the UK, what is involved.
Sorry if im rambling on abit..
Regards,
Defeated.