Ok i will get it all written down as you ask and report back as soon as it is done.

Hi Everyone this seems like a nice forum so i will tell you a little about me and the bankruptsy i am planning. I have around 16 thousand pounds on credit cards (which i have always tarted around to avoid paying interest) I have a Finance agreement on a van (9 thousand pounds) i bought new around 18 months ago along with 20 thousand in personal loans. So i owe in the region of 45 thousand pounds. I have always been able to make payments and have never defaulted (not even at the point of writing this) and have always been good with my money. Although i owe a lot i have always paid up and have an excellent credit rating. My wife has a good job and until recently so did i. My problem is i have lost my job and i am unlikely to find a job that pays as well as my old job. I am looking but i am having no luck. I am looking to pre empt my bankruptsy and to file before i default on any payments. Its simply down to the fact that in 2 months from now i will not be able to make my payments. By filing for bankruptsy before i default will this be held in high regard with the official reciever as i have been proactive? We will need to make 1000 per month in payments for the unsecured debts and simply can't afford any of it. I am devastated. We have just moved into lovely rented accommodation and are worried our landlord will kick us out if he finds out we are bankrupt. I believe that we will have to pay around £700 each to file for the bankruptsy? My worry is this will take us further overdrawn. Our other worry is when our accounts are frozen, how do we pay the bills? my wife will still be getting paid but we wont have a bank account? Are we allowed to take out money from our accounts before we file for bankruptsy so we can pay our rent and bills etc or will this look bad on us? After our outgoings are taken into account of my wifes wages we will have nothing left over each month so will we still have to make a payment for 3 years or will our bankruptsy be over in 12 months? What about our car (we own it) and its worth around 4k? We also have the van (on finance) but i will need that if i find another job. Will they make us sell the car and give the van back to the finance company? If so how will me and my wife get to work or pick our daughter up from school? This is such a mess. I am on Diazapam as i write this (because of loosing my job last week) and my head is gone. I hope somebody can offer some words of comfort but please be honest. Thanks.