I am currently on a DMP with payplan and pay £500 a month , overall debt is still around £21000 mainly credit card debt from gambling. I missed some payments and got a load of interest stuck back on a few months .
My question is would an alternative be bankruptcy ? I have no assets whatsoever , about the only thing i own in my name is a tv lol ! I am currently working self employed but am still struggling to pay back the DMP , although in all honesty i probably could but it would take forever! I would love to just have these debts gone and start a fresh .
Is bankruptcy an option and because i do work and i do have funds left over each month , would i even be accepted ?
Thanks for your thoughts.