I filed for bankrupcy this morning.
Turned up handed over my forms and money.Told to come bck in 2 hrs to pick up the bankrupcy forms and be sent to OR.
This all went very smoothly,not half as bad as I thought.
I was seen by the OR and we started going through the different account ect.
He looked at how much I owed and started to talk about how nearly all of it was incurred since I became ill and my husband gave up work to care for me (and new born son) in 2001.This is correct but only because it has has been consolidated since.
What worried me was that the last 2 loans I took over several years were for debt consolidation and living expenses.He wants a breakdown of exactly where the money went.Eg.how much to each credit card ect.
He said that they would need to do a thorough investigation into it all as I owed so much.
It 75k in total including about 11k of joint debt which will be my hubands responsibility to take on.
I haven't got this information anymore especially for the older one. The last one I can give more details about but not account for all of it.Spent some of on living for a few months and set a bit a side for emergencies.
The debt has almost doubled over last 18-24 mnts trying to keeo up min payments and live.I had buried my head in the sand and got rid of old statements.
What will happen if I can't tell them this info.I don't have bank statements going back that far?
Is it normal for this to happen?
Thanks for any advice.