Thanks Ida I have a mortgage at 500 per month with an alleged 15 equity in it Council tax 118, monthly shopping including shampoo & cleaning goods is over 600, gas & elec is 120, diesel is 250 a month, phone is 60, sky is 60, insurances etc etc brings it over 2k. My household income is around 2k a month, everything above is over 2k and i have someone who wants me to sign a trust deed 200 over 3 years and 300 over 2 years for the equity.

I have debts of roughly 40k and have enquired about trust deeds. My problem is that i had a 2k overdraft with my previous bank and i always used it up each month. I've now done an income and expenditure sheet and i pay over 2k per month before any of my unsecured debts are paid. This means that i cannot afford to pay a trust deed of 230 per month as i have no money. I've been told i do not qualify for bankruptcy as i'm not apparently insolvent, i'm at a loss to what i should do. Can someone please advise?