Wednesday, September 9, 2009

Can anyone give me advice on Administration orders for debts under 5K?

Resolved Question

Can anyone give me advice on Administration orders for debts under 5K?

i owe quite a lot of cash to creditors and my rent and council tax are in bad arrears. i really want to get this sorted and stop getting threatening letters all the time. im struggling to pay the amounts they ask each month and i am sick to death of asking them for more help.
ive been reading about a way i can go to the county court and put myself in administration. they would therefore contact all the company's i am in debt with and offer them a suitable repayment for me. this also means that the companys can no longer keep contacting me.

can you peeps give me any more info? pros/cons of this?
cheers.

Best Answer - Chosen by Asker

Debt counsellors cost money. Pay your priority bills like council tax and rent but dont pay non-priority bills like credit cards and unsecured loans. If you try www.bdebtfree.info they can help you try to get these cards and loans legally cencelled altogether.

There are currently no comments for this question.

Other Answers (1)

  • You may contact a debt counselor live at website like oktutorial.com/debtadvice.htm ,etc .

No comments:

Post a Comment

 

Blogroll

Site Info

Text

Credit Copyright © 2009 WoodMag is Designed by Ipietoon for Free Blogger Template