Calling Schalke 04

ttt

ttt

Glasgow

Go ahead pal

got you m8, you do know that the law in Scotland is slightly different than the rest of the UK.

You may not need to go bankrupt,in Scotland there is a thing to deal with debts called a "trust deed".

Might be the best thing for you,circumstances dictate obviously but it's not as bad as bankruptcy.

in essence you do a income/expenditure sheet and it goes via a agency to your creditors who agree what you can afford to pay monthly.

the trust deed lasts for 3 years and after that you can still get credit/mortgages etc.

My m8 maxed himself out after his wife kicked him out,meet a new girl and went down this route.

Has a standing order to his girlfriend for "rent" and pays something like £30 a month for 3 years,he had about 60k debt.

They cant take his car or anything as he needed it for work.

Thanks pal, is there somewhere on the web I can read about it? Or go to Citizens Advice?

Citizens Advice will help.

It all depends on your circumstances m8,if your a homeowner it may be painful as you have a asset,I hope you rent ????

But yes get advice and ask about a trust deed ;)

If you need any help drop me a line neil.bartlett12@ h otmail.co.uk

I am in a job though that I have absolutley no idea what I'm earning week to week ... but I havn't been working since last month due to my insurance company and it has totally screwed me, as you know cuase am on here, tried to win my way out of debt and failed lol .... but hey, it's only money, but am screwed, just dunno what to do now

Thanks mate, very kind of you ... I will write that down, yeah mate I am renting the now

Don't worry that's the first thing ,remember your earnings dictate your re-payments so in truth if you earn feck all your paying back a pittance so it's a good thing :)

Can I ask you a question ?

Schalke 04 14 Jan 20:30
Thanks mate, very kind of you ... I will write that down, yeah mate I am renting the now

^ that was my question,Trust Deed m8 deal with it tomorrow and don't worry about it,feckin banker in front of MP's 2 day's ago getting 9 million quid bonus,their the feckin crooks not YOU.

go ahead mate

ps the trust deed will ask for your previous pay statements so everything is transparent .

no my question has been answered,you rent which is good ;)