Comments on: Debt solutions – what action should I take? http://www.moneytowers.com/2006/dealing-with-your-debts/debt-solutions-what-action-should-i-take/ Your Complete, Independent Guide to Finance Fri, 21 May 2010 09:59:40 +0000 hourly 1 http://wordpress.org/?v=3.0 By: victor harrison http://www.moneytowers.com/2006/dealing-with-your-debts/debt-solutions-what-action-should-i-take/comment-page-1/#comment-153 victor harrison Sun, 08 Jul 2007 23:35:59 +0000 http://www.moneytowers.com/2006/dealing-with-your-debts/debt-solutions-what-action-should-i-take/#comment-153 i live out the country, have done for 8 years but i worked for an english company, have no plans on returning, borrowed £15000 but after 3 years have paid £9000 with £10,787 left to pay obn 6%apr. will have paid back if continued another £12000 so total borrowing paying back £21,000. am living in Spain and do not have fulltime work, how do i go about declaring bankrupt as i cant just leave it as my correspondance address is my mothers, any help would be appreciated than you Vic i live out the country, have done for 8 years but i worked for an english company, have no plans on returning, borrowed £15000 but after 3 years have paid £9000 with £10,787 left to pay obn 6%apr. will have paid back if continued another £12000 so total borrowing paying back £21,000. am living in Spain and do not have fulltime work, how do i go about declaring bankrupt as i cant just leave it as my correspondance address is my mothers, any help would be appreciated than you

Vic

]]> By: IVA http://www.moneytowers.com/2006/dealing-with-your-debts/debt-solutions-what-action-should-i-take/comment-page-1/#comment-135 IVA Thu, 31 May 2007 07:54:41 +0000 http://www.moneytowers.com/2006/dealing-with-your-debts/debt-solutions-what-action-should-i-take/#comment-135 Nice comparison if a little hard to read because the font size is so small! Aslo whilst debt is cleared in 5 years with an IVA it remains on the credit file for 72 months (6 years) so can still effect borrowing even once finished. Nice comparison if a little hard to read because the font size is so small!

Aslo whilst debt is cleared in 5 years with an IVA it remains on the credit file for 72 months (6 years) so can still effect borrowing even once finished.

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