My ex husband left me with a huge amount of debt, stupidly alot of it was in my name, but we were married for a short period of time and I was left to carry the can.
I am remarrying in May next year. I cant plan to have a family at the moment, i need to work as every penny of my wage goes to pay off debt. I am not in arrears but I am depressed because even though I work very hard in sales I never have a penny left once all my outgoings have left my account a few days later.
I have a car that I need for work, it is a Honda civic 1.4, I contacted Honda as I couldnt afford to lose my car and they said because I have never defaulted on a payment they wont recall the car even if I become bankrupt providing that I keep up the payments, is this the norm? I heard that as long as you are not driving around in a luxury car you can keep them if you need it for work, is this true?
I have contacted a building society about a non credit basic account so I can still make standing order and direct payments and get my money out of the wall.
I have no assets, my husband to be has no debt and solely owns the house we live in and I pay him rent as a tenant, I cannot get credit now because I am with payplan and I have no intention of ever wanting another credit card or loan again. We desparately want a baby and I cannot have a family in my current financial state. Do you think bankruptcy is the way forward? Advice Please.