- Original Poster
- #1
Hi All, Hope you are fine. I have question regarding unsecured loan. I have built up unsecured loan (Personal Loan, credit card, overdraft) since 2014 around £60,000. I have been trying to pay these loans but I have give up due to health and family issues. I have researched about how I can manage this problem but I am not getting anywhere. Even I looked into IVA which is also not good option. I was on payment holidays which now finished. I am considering bankruptcy option. I have no asset and I have car on finance which I am using for minicab work and I am living with my partner in her flat. I am working as a minicab driver. I am 41 years old and two young kids. I want to get rid of this situation. Please advise.
