My background is that I used to be a medical student, took out a huge amount of student debt (professional trainee loans), got manic depression and am now not working and been sick for three years with no prospect of going back to work any time soon. I have a particularly nasty form of manic depression called rapid cycling which makes it harder to treat and makes me pretty unstable at times. This time last year I owed £31.2k (including student loans company loans) but it's now over £35k with all the charges.
I was advised not to pay anything and try my hardest to look like I could pay but won't. I haven't communicated with my creditors and they don't know I'm on benefits. I have defaults from my two main creditors but no decrees. I'm at the end of my tether. I don't know what to do as I see no end in sight. The letters from my creditors have dried up quite a bit as I heard nothing from October until March, when I got two letters, and have had no phone calls for months.
I've been trying to read up on the new Bankruptcy and Diligence (Scotland) Bill that is going through the Scottish Executive. Will that help me? Does it allow people like me (without a charge for payment) to petition for their own bankruptcy? Will it mean that I couldn't include my student loans company loans in my bankruptcy?
Sorry for all the questions. The debt advisor that I have spoken to recently can't answer my questions and says I need to see a specialist but I can't get an appointment with a specialist debt advisor where I live as far as I can find out. If there is anyone I can phone please could you give me their details.
Thank you in advance,