Hello All, I have used this web site many a times but I was not ready to deal or face my problems hence not registering before however the work you guys do to help others keeping people positive, motivated, not feeling isolated and on track against the big bad world of debt is amazing, keep up the good work to all involved Well here goes ...... My husband and I started having severe debt problems after a change in job amidst relocating back to Edinburgh from Kent. At the same time we lost all the equity in our house which was subsequently repossessed in October 2009. All our financial problems started around March 2008 where we started paying nothing or reduced payments to every company we owed money too. After spending years of moving around since our repossession with our two children, over two years of homelessness and serious consequences to my husbands health and our relationship we need to sort this mess that still haunts us before this ruins the future of our family, we don't where to turn. We always knew deep down Sequestration was our only option not only because of the total owned but after my husband health started suffering too and continues to do it really left any repayment options unavailable to us. So now we have the money needed to pursue our bankruptcy at long last however I wondered if we could have some personal opinions in what you what do in our situation. We are currently in receipt of benefits and have advise that we could take the LILA route for Sequestration. This is a list of everything I have noted from letters I have received however we ordered our credit reports last night for the first time since we had any late payments and now I can't make sense of who owns what and what areas we need to address also on a positive note the amounts I have listed are slightly less mainly being Northern Rock which is actually half that what their correspondence said at one point or I would not have noted this Due to all the moving about we have only just found out that my husband has two CCJ's these are highlighted below too: My Name Intrum Justitia or Lowell (not 100% was originally Barclaycard) £7,750 Halifax Credit Card £676 British Telecom £110 British Gas £1,200 Mint £2,110 Southern Water £66 Cabot Financial - Next Directory £760 Sheila Wheels £75 Husband Northern Rock Plc - House £72,000 Barclaycard - debt sold on? £6,500 Halifax Credit Card £4,000 Blackhorse Personal Finance (HIP) £250 Scottish Gas £355 Sky £101 Joint Alliance and Leicester - Current A/C £2,000 Halifax - Current A/C 1 £650 Halifax - Current A/C 2 £135 Halifax/HBOS Loan £1,300 Kent Council £233 West Lothian Council £710 Clydesdale Current Acc £200 Edinburgh District Council £202 HomeLet £500 Eon £1,400 Maybe having to long to "stew" in this whole situation and where it has led it us too coupled with all the other personal effect perhaps I am bitter. However all I do know is that preferably I don't want to pursue us going bankrupt and the time to recover from this when the debts with the largest capital against them are pretty old and they all relate to the house which was repossessed. I am more than happy to shed more light on the situation and give more details to allow anyone who can help to do so. I tend to ramble and go off point so I tried to keep this factual however I have probably missed so many relevant factors and explanations, hopefully this will be enough to get started Thanks in advance, Mrs H