Debt Story #28

We are about to be made bankrupt by the inland revenue due to my husband not paying capital gains tax on a couple of our buy to let properties at the time of sale. We have had a tax inspection for 5 years and they have now come to the decision that we owe £300,000 which includes estimated yearly charges, interest and fines, which is a joke, there is no way we owe that much but cannot prove otherwise and if we tried to it would go on forever so we have just had to hold our hands up and lose everything. We have tried to sell our house for the last year and a half but because of the recession its just been impossible. We asked for an extension so that we could sell to pay them but they wouldn't agree to that. We have had to pay them £1000 per month which meant we could not afford to pay our mortgage anyway. Don't know where we are going to live , how long it takes before we are out of a home. My poor children won't know whats hit them. Its just so unfair the children and I never asked for this and at 43 I thought my life was safe. Thanks for nothing.