Tuesday, Mar 25, 2008
I wonder how many more of these stories we shall see over the coming months.
The Sun: Broke mum's debt clearance
A MUM’S plan to clear her debts and make money by doing up and selling a house has ended in disaster.
Wendy Black is now £32,000 in the red and has been threatened with bankruptcy.
The full-time student,who has daughters aged 17 and 19, thought improvements to her four-bedroom property would cost around £30,000 — but the final bill soared to £60,000.
Wendy, 44, funded most of the project with SIX credit cards.
She owes the Halifax £9,500, Citicard £5,000, American Express £3,500, Tesco £5,000, M&S £4,500 and Barclaycard £5,000.
Posted by john kane @ 06:52 PM (139 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.