Can any debt or bankruptcy situation be sorted?

To whom it may concern,

I am sending out this message to beseech whoever reads it for advice. I am in desperate need of advice because I have been undisciplined and stupid with my finances and have got myself not only into debt, but have reneged on bankruptcy repayments! I also have a £20000 rent bill from a local authority. This again is my fault as I had every opportunity to claim Housing Benefit at the time, for which I was eligible, but I didn’t. I also have a student loan and am repaying my former employers for an overpayment.

As you can see, I have a disastrous relationship with money. You might say just sort it out. I agree and I am seeking advice so that I can make that a reality. You see, I’m afraid that the non payment of bankruptcy might be punishable by prison. I’m scared of this and want to seek a way to repay all my debts and remain at liberty.

Let me reiterate, although much of my debt problem (and other problems) are as a direct result of me avoiding correct action, I fully want to redress this situation now and will no longer avoid it.

Thus I urge you if you can give me pointers on what action to take next, please do so...

Thank you very much... Jake

The absolute first step is to communicate with the people you owe. That tells them that you are aware of the debt and you're trying to meet the obligation. If you have defied a court order in a bankrupcy proceeding, contact the court. The key is to be honest and open with them. That doesn't say it will be a pleasant experience but it will be much better than if they have to come looking for you.