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Experiences of going bankrupt
MrRiot has about 15k of debt which he can't really pay back and he is considering making himself bankrupt, but he has some concerns (and also needs to find £750 to do it!). One concern is - if he has a child saving account for his little one (who is nearly 3) will any money in that be swallowed up too? He has no savings to his own name but wants somewhere for friends and family to put money they want to give to his little one (his grandparents are very elderly and want to leave him some money). He also wants to know other people's experience of the process. Is there any way of calculating how long someone's bankruptcy order may last?